SEC Form 4 · accession 0001209191-15-080651
IMPERVA INC · IMPV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sunil D Nagdev
Officer — SVP WW Services & Support
Period of report
Feb 3, 2015
Accepted (ET)
Nov 17, 2015 · 5:13 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001364962
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 | $42.58 | Feb 3, 2015 | A | 40,000 | A | — | Feb 2, 2025 | Common Stock | 40,000 | 40,000 | D |
| Restricted Stock UnitF2,F3,F4 | — | Feb 3, 2015 | A | 40,000 | A | — | Feb 2, 2025 | Common Stock | 40,000 | 40,000 | D |
Explanation of responses
- F1This 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 December 29, 2014 with the remaining 75% vesting in equal quarterly installments over the next three years. This stock option is subject to accelerated vesting as to 100% of such shares following a change in control of the Issuer.
- F2Each restricted stock unit represents a contingent right to receive one share of common stock of the Issuer upon vesting.
- F3The restricted stock units vest as follows: 25% of the underlying shares vest one year following the vesting commencement date of February 15, 2015, with the remaining 75% vesting in equal quarterly installments over the next three years. The restricted stock units are subject to accelerated vesting as to 100% of such shares following a change in control of the Issuer.
- F4The Issuer has up to 30 days following vesting to settle. The actual expiration date will be immediately following settlement.