SEC Form 4 · accession 0001209191-18-019465
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
Mar 9, 2018
Accepted (ET)
Mar 13, 2018 · 8:39 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 9, 2018 | A | 6,858 | $0.00 | A | 77,014 | D | |
| Common Stock | Mar 10, 2018 | F | 573 | $70.27 | D | 76,441 | D | |
| Common Stock | Mar 11, 2018 | F | 1,264 | $70.27 | D | 75,177 | 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. 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 sold to satisfy tax withholding obligations upon vesting of Restricted Stock Units.