SEC Form 4 · accession 0001209191-16-137374
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
Aug 15, 2016
Accepted (ET)
Aug 16, 2016 · 7:33 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 | Aug 15, 2016 | M | 584 | $0.00 | A | 13,804 | D | |
| Common StockF1 | Aug 15, 2016 | M | 624 | $0.00 | A | 14,428 | D | |
| Common StockF1 | Aug 15, 2016 | M | 2,267 | $0.00 | A | 16,695 | 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 UnitsF2,F3,F4 | — | Aug 15, 2016 | M | 937 | D | — | Feb 4, 2023 | Common Stock | 937 | 1,875 | D |
| Restricted Stock UnitsF2,F5,F4 | — | Aug 15, 2016 | M | 1,000 | D | — | Feb 3, 2024 | Common Stock | 1,000 | 6,000 | D |
| Restricted Stock UnitsF2,F6,F4 | — | Aug 15, 2016 | M | 3,633 | D | — | Feb 2, 2025 | Common Stock | 3,633 | 3,633 | 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.
- 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, 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.
- F4The Issuer has up to 30 days following vesting to settle. The actual expiration date will be immediately following settlement.
- F5The 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.
- F6The 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.