SEC Form 4 · accession 0001437749-15-013357

OMNIVISION TECHNOLOGIES INC · OVTI

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — C.E.O. · Director

Period of report

Jul 1, 2015

Accepted (ET)

Jul 6, 2015 · 6:36 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	Jul 1, 2015	M	85,493	$0.00	A	338,409	I	Hong Family Trust
Common Stock	Jul 1, 2015	F	44,612	$26.13	D	293,797	I	Hong Family Trust

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Unit^F1,F2	$0.00	Jul 1, 2015	M	26,333	D	Jul 1, 2013	—	Common Stock	26,333	0	I
Restricted Stock Unit^F1,F2	$0.00	Jul 1, 2015	M	29,493	D	Jul 1, 2014	—	Common Stock	29,493	29,493	I
Restricted Stock Unit^F1,F2	$0.00	Jul 1, 2015	M	29,667	D	Jul 1, 2015	—	Common Stock	29,667	59,333	I
Stock Option^F3	$26.13	Jul 1, 2015	A	240,690	A	Jul 1, 2016	Jul 1, 2022	Common Stock	240,690	240,690	D

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.
F31/4th of the shares underlying the options become vested and exercisable one year from the date of grant and 1/48th of the shares underlying the options underlying the options become exercisable each month thereafter.