SEC Form 4 · accession 0001209191-16-120751
IMPERVA INC · IMPV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Tram T Phi
Officer — Senior VP & General Counsel
Period of report
May 16, 2016
Accepted (ET)
May 17, 2016 · 4:21 pm EDT
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 StockF1,F2 | May 16, 2016 | M | 585 | $0.00 | A | 10,329 | D | |
| Common StockF1 | May 16, 2016 | M | 624 | $0.00 | A | 10,953 | D | |
| Common StockF1 | May 16, 2016 | M | 2,267 | $0.00 | A | 13,220 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F4,F5 | — | May 16, 2016 | M | 938 | D | — | Feb 4, 2023 | Common Stock | 938 | 2,812 | D |
| Restricted Stock UnitsF3,F6,F5 | — | May 16, 2016 | M | 1,000 | D | — | Feb 3, 2024 | Common Stock | 1,000 | 7,000 | D |
| Restricted Stock UnitsF3,F7,F5 | — | May 16, 2016 | M | 3,633 | D | — | Feb 2, 2025 | Common Stock | 3,633 | 7,266 | D |
Explanation of responses
- F1Represents the number of shares that were acquired in connection with the settlement of the restricted stock units listed in Table II.
- F2Includes 357 shares of common stock acquired by the reporting person on May 13, 2016 under the Imperva, Inc. 2011 Employee Stock Purchase Plan.
- F3Each restricted stock unit represents a contingent right to receive one share of common stock of the issuer upon vesting.
- F4The restricted stock units vest as follows: 25% of the underlying shares vest one year following the vesting commencement date of February 15, 2013, 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.
- F5The Issuer has up to 30 days following vesting to settle. The actual expiration date will be immediately following settlement.
- F6The restricted stock units vest as follows: 25% of the underlying shares vest one year following the vesting commencement date of February 15, 2014, 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.
- F7The restricted stock units vest as follows: 25% of the underlying shares vested on February 15, 2016, with the remaining 75% vesting in three equal quarterly installments thereafter. The restricted stock units are 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.