SEC Form 4 · accession 0001288257-15-000007
AUDIENCE INC · ADNC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eitan Asher Medina
Officer — VP Engineering
Period of report
Feb 18, 2015
Accepted (ET)
Feb 20, 2015 · 6:43 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001201663
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1,F2 | $0.001 | Feb 18, 2015 | A | 10,000 | A | — | — | Common Stock | 10,000 | 10,000 | D |
| Option to purchase common stockF3 | $4.60 | Feb 18, 2015 | A | 46,700 | A | Mar 18, 2015 | Feb 18, 2025 | Common Stock | 46,700 | 46,700 | D |
Explanation of responses
- F1Represents par value of ADNC common stock
- F212.5% of the restricted stock unit will vest on May 18, 2015, 12.5% of the restricted stock unit will vest every six months thereafter provided that the reporting person is a service provider to the Issuer on each such vest date. The shares will be delivered to the reporting person on each vest date.
- F31/48th of the shares subject to the option shall vest and become exercisable each month after the grant date provided that the reporting person is a service provider to the Issuer on each such vest date.