SEC Form 4 · accession 0001209191-16-127666
IROBOT CORP · IRBT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christian Cerda
Officer — Chief Operating Officer
Period of report
Jun 10, 2016
Accepted (ET)
Jun 14, 2016 · 4:15 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001159167
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 10, 2016 | A | 6,600 | $0.00 | A | 73,378 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2 | $37.62 | Jun 10, 2016 | A | 14,625 | A | Jun 10, 2016 | Jun 10, 2023 | Common Stock | 14,625 | 14,625 | D |
Explanation of responses
- F1Consists of a restricted stock unit award made pursuant to the iRobot Corporation 2015 Stock Option and Incentive Plan. The restricted stock units vest over a four-year period, at a rate of twenty-five percent (25%) on each anniversary of the grant date. Vested shares will be delivered to the reporting person as soon as practicable following each vesting date, but in no event later than 30 days after each such vesting date.
- F2This option vests over a four-year period, at a rate of twenty-five percent (25%) on the first anniversary of the date listed in the table, and quarterly thereafter.