SEC Form 4 · accession 0001548398-15-000003
AUDIENCE INC · ADNC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Craig H Factor
Officer — VP and General Counsel
Period of report
Feb 14, 2015
Accepted (ET)
Feb 18, 2015 · 7:04 pm EST
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 StockF1,F2 | Feb 14, 2015 | M | 1,125 | $0.001 | A | 5,321 | D | |
| Common Stock | Feb 14, 2015 | F | 494 | $4.59 | D | 4,827 | D |
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,F3 | $0.001 | Feb 14, 2015 | M | 1,125 | D | — | — | Common Stock | 1,125 | 4,500 | D |
Explanation of responses
- F1Represents par value of ADNC common stock
- F2Includes 729 shares acquired under the ADNC Employee Stock Purchase Plan in November 2014.
- F312.5% of the restricted stock unit granted on February 13, 2013 became vested on February 14, 2015 and shares were delivered to reporting person on February 17, 2015. 12.5% of the restricted stock unit will continue to vest every six months and shares will be delivered to reporting person on each vest date.