SEC Form 4 · accession 0001140361-15-042534
IMPERVA INC · IMPV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark E. Kraynak
Officer — Chief Product Officer
Period of report
Nov 19, 2015
Accepted (ET)
Nov 20, 2015 · 7:25 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001364962
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Nov 19, 2015 | M | 1,000 | $34.55 | A | 1,000 | D | |
| Common Stock | Nov 19, 2015 | M | 9,000 | $54.66 | A | 10,000 | D | |
| Common Stock | Nov 19, 2015 | S | 10,000 | $75.00 | D | 0 | 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)F2 | $34.55 | Nov 19, 2015 | M | 1,000 | D | — | Feb 4, 2023 | Common Stock | 1,000 | 14,000 | D |
| Stock Option (right to buy)F3 | $54.66 | Nov 19, 2015 | M | 9,000 | D | — | Feb 3, 2024 | Common Stock | 9,000 | 15,000 | D |
Explanation of responses
- F1This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person.
- F2This Stock Option vests over four years of continuous service as follows: 25% of the underlying shares vest one year following the vesting commencement date of January 1, 2013 with the remaining 75% vesting in equal quarterly installments over the next three years. This stock option is subject to accelerated vesting in the event of a termination of employment of the Reporting Person under certain circumstances following a change in control of the Issuer.
- F3This Stock Option vests over four years of continuous service as follows: 25% of the underlying shares vest one year following the vesting commencement date of January 1, 2014 with the remaining 75% vesting in equal quarterly installments over the next three years. This stock option is subject to accelerated vesting in the event of a termination of employment of the Reporting Person under certain circumstances following a change in control of the Issuer.