SEC Form 4 · accession 0001209191-15-044722
InvenSense Inc · INVN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark P Dentinger
Officer — Chief Financial Officer
Period of report
May 15, 2015
Accepted (ET)
May 19, 2015 · 9:19 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001294924
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F1 | $14.57 | May 15, 2015 | A | 120,000 | A | — | May 15, 2025 | Common Stock | 120,000 | 120,000 | D |
| Restricted Stock Unit (RSU)F2,F3 | $0.00 | May 15, 2015 | A | 40,000 | A | — | — | Common Stock | 40,000 | 115,000 | D |
Explanation of responses
- F1The option vests monthly over 4 years following the vesting commencement date of May 15,2015, at the rate of 1/48 per month.
- F2Each Restricted Stock Unit ("RSU") represents a contingent right to receive at settlement one share of Invensense common stock at no cost.
- F3Subject to the Reporting Person's continuing employment and the provisions in the Invensense's standard form of RSU award agreement, the shares will commence vesting as of the Grant Date and vest at a rate of 25% annually. Shares will be delivered to the reporting person on each vest date.