SEC Form 4 · accession 0001209191-18-018688
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
Feb 27, 2018
Accepted (ET)
Mar 9, 2018 · 9:23 pm EST
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 | Feb 27, 2018 | A | 3,883 | $0.00 | A | 72,238 | D | |
| Common Stock | Mar 6, 2018 | F | 1,146 | $68.67 | D | 71,092 | D | |
| Common Stock | Mar 6, 2018 | F | 572 | $68.67 | D | 70,520 | D | |
| Common Stock | Mar 7, 2018 | F | 364 | $69.28 | D | 70,156 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares awarded pursuant to Performance Share Units. The Compensation Committee authorized the issuance of the underlying shares based upon iRobot Corporation's achievement of pre-established performance criteria related to operating income goals for the three-year period ended December 30, 2017. These shares vested on March 6, 2018.
- F2Consists of shares sold to satisfy tax withholding obligations upon vesting of Performance Share Units.
- F3Consists of shares sold to satisfy tax withholding obligations upon vesting of Restricted Stock Units.