SEC Form 4 · accession 0001209191-15-003652
IMPERVA INC · IMPV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Amichai Shulman
Officer — Chief Technology Officer
Period of report
Jan 8, 2015
Accepted (ET)
Jan 12, 2015 · 4:03 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 | Jan 8, 2015 | M | 1,875 | $32.79 | A | 67,865 | D | |
| Common Stock | Jan 8, 2015 | S | 1,875 | $50.00 | D | 65,990 | D | |
| Common StockF2 | holding | — | — | — | 58,765 | I | See footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F3 | $32.79 | Jan 8, 2015 | M | 1,875 | D | — | Feb 7, 2022 | Common Stock | 1,875 | 7,500 | D |
Explanation of responses
- F1This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person.
- F2The shares are owned of record by Amichai Shulman Holdings 2000 Ltd. The Reporting Person is a director and beneficial owner of the shares held by such entity.
- 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, 2012, 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.