SEC Form 4 · accession 0001209191-17-011492
IMPERVA INC · IMPV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael D Mooney
Officer — Chief Revenue Officer
Period of report
Feb 15, 2017
Accepted (ET)
Feb 16, 2017 · 4:44 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 StockF1 | Feb 15, 2017 | M | 1,904 | $0.00 | A | 18,138 | D | |
| Common StockF1 | Feb 15, 2017 | M | 472 | $0.00 | A | 18,610 | D | |
| Common StockF1 | Feb 15, 2017 | M | 2,496 | $0.00 | A | 21,106 | 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 | — | Feb 15, 2017 | M | 3,125 | D | — | Oct 7, 2024 | Common Stock | 3,125 | 21,875 | D |
| Restricted Stock UnitsF2,F5,F4 | — | Feb 15, 2017 | M | 757 | D | — | Jan 31, 2026 | Common Stock | 757 | 5,300 | D |
| Restricted Stock UnitsF2,F6,F4 | — | Feb 15, 2017 | M | 4,000 | D | — | Jan 31, 2026 | Common Stock | 4,000 | 12,000 | D |
Explanation of responses
- F1Represents the number of shares that were acquired in connection with the net 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 November 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 in the event of a termination of employment of the Reporting Person under certain circumstances following a change in control of the Issuer.
- F4The Issuer has up until 30 days following vesting to settle. The actual expiration date will be immediately following settlement.
- F5The restricted stock units vest as follows: 12.5% of the underlying shares vest on February 15, 2017, with the remainder vesting in equal 12.5% installments over the next seven quarters. 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.
- F6The restricted stock units vest as follows: 25% of the underlying shares vest one year following the vesting commencement date of February 15, 2016, with the remaining 75% vesting in equal quarterly installments over the next three years. 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.