SEC Form 4 · accession 0001437749-15-006782
OMNIVISION TECHNOLOGIES INC · OVTI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Zille Hasnain
Officer — VP of Quality and Reliability
Period of report
Apr 1, 2015
Accepted (ET)
Apr 2, 2015 · 3:19 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001106851
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Apr 1, 2015 | M | 833 | $0.00 | A | 8,311 | D | |
| Common Stock | Apr 1, 2015 | F | 325 | $26.47 | D | 7,986 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1,F2 | $0.00 | Apr 1, 2015 | M | 833 | D | Apr 1, 2013 | — | Common Stock | 833 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represents the right to receive one share of common stock of OmniVision Technologies, Inc.
- F2One-Third of the Restricted Stock Units will vest on the first anniversary of the Vesting Commencement Date, and one-third of the Restricted Stock Units will vest on each of the second and third anniversaries of the Vesting Commencement Date, provided, however, that in each case Participant remains a Service Provider through each vesting date.