SEC Form 4 · accession 0001209191-17-049767
IMPERVA INC · IMPV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher Hylen
Officer — President and CEO · Director
Period of report
Aug 18, 2017
Accepted (ET)
Aug 22, 2017 · 9:03 am EDT
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1,F2,F3 | — | Aug 18, 2017 | A | 101,200 | A | — | Aug 17, 2027 | Common Stock | 101,200 | 101,200 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of common stock of the Issuer upon vesting.
- F2The restricted stock units vest as follows: 25% of the underlying shares vest one year following the vesting commencement date of August 15, 2017, 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 under certain circumstances, including a termination following a change in control of the Issuer.
- F3The Issuer has up to 30 days following vesting to settle. The actual expiration date will be immediately following settlement.