SEC Form 4 · accession 0001209191-15-036756
InvenSense Inc · INVN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Behrooz L. Abdi
Officer — CEO and President · Director
Period of report
Apr 27, 2015
Accepted (ET)
Apr 28, 2015 · 6:15 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001294924
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Apr 27, 2015 | M | 40,000 | $11.57 | A | 338,232 | D | |
| Common StockF2 | Apr 27, 2015 | S | 40,000 | $15.548 | D | 298,232 | D | |
| Common StockF2 | Apr 27, 2015 | S | 50,000 | $15.548 | D | 248,232 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F3 | $11.56 | Apr 27, 2015 | M | 40,000 | D | — | Oct 23, 2022 | Common Stock | 40,000 | 789,540 | D |
Explanation of responses
- F1The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 Sales Plan adopted by the reporting person on February 24, 2015.
- F2This transaction was executed in multiple trades at prices ranging from $15.39 to $15.78; the price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request
- F325% of the award will vest one year following the grant date, with monthly vesting thereafter at the rate of 1/48th per month ending October 24, 2016.