SEC Form 4 · accession 0001209191-17-020671
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
Mar 10, 2017
Accepted (ET)
Mar 14, 2017 · 7:56 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 | Mar 10, 2017 | A | 12,075 | $0.00 | A | 80,541 | D | |
| Common Stock | Mar 13, 2017 | F | 1,843 | $56.61 | D | 78,698 | D |
Table II — derivative securities
No Table II lines on this filing.
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.
- F2Consists of shares withheld by iRobot Corporation in order to satisfy the minimum tax withholding obligation of the reporting person.