SEC Form 4 · accession 0001209191-15-051385
AUDIENCE INC · ADNC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George Pavlov
Director
Period of report
Jun 6, 2015
Accepted (ET)
Jun 9, 2015 · 4:05 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001201663
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jun 6, 2015 | M | 2,307 | $0.00 | A | 4,613 | D | |
| Common StockF1 | holding | — | — | — | 4,374,335 | I | See Footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF2,F3 | $0.001 | Jun 6, 2015 | M | 2,307 | D | — | — | Common Stock | 2,307 | 0 | D |
Explanation of responses
- F1Consists of 1,042,323 shares held directly by Tallwood III, L.P., 8,075 shares held directly by Tallwood III Associates, L.P., 131,990 shares held directly by Tallwood III Partners, L.P., 1,437,061 shares held directly by Tallwood II, LP, 1,133,312 shares held directly by Tallwood II Annex, L.P., 26,222 shares held directly by Tallwood II Associates, L.P., and 595,352 shares held directly by Tallwood II Partners, L.P. The reporting person is a managing member of the general partners of each of these funds, and shares voting and investment control over these shares. The reporting person disclaims beneficial ownership of all applicable shares except to the extent of his pecuniary interest therein.
- F2Represents par value of ADNC common stock.
- F3One-half of the restricted stock unit granted on August 26, 2014 became vested on June 6, 2015 and shares were delivered to reporting person on June 8, 2015.