SEC Form 4 · accession 0001209191-16-142797
IROBOT CORP · IRBT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Glen Daniel Weinstein
Officer — EVP and Chief Legal Officer
Period of report
Sep 22, 2016
Accepted (ET)
Sep 26, 2016 · 4:33 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 Stock | Sep 22, 2016 | M | 3,225 | $22.86 | A | 70,814 | D | |
| Common StockF2 | Sep 22, 2016 | S | 4,225 | $43.9924 | D | 66,589 | 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)F3 | $22.86 | Sep 22, 2016 | M | 3,225 | D | Mar 8, 2013 | Mar 8, 2020 | Common Stock | 3,225 | 3,225 | D |
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 10, 2015, as amended on March 4, 2016.
- F2The range of prices for the transaction reported on this line was $43.99 to $44.00. The average weighted price was $43.9924. The reporting person will provide, upon request by the SEC, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F3This 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.