SEC Form 4 · accession 0001209191-18-010875

IMPERVA INC · IMPV

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Anthony J Bettencourt

Director

Period of report

Feb 15, 2018

Accepted (ET)

Feb 16, 2018 · 4:33 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
Common Stock	Feb 15, 2018	M	16,562	$0.00	A	26,361	D
Common Stock	Feb 15, 2018	F	5,768	$46.00	D	20,593	D
Common Stock	Feb 15, 2018	M	2,238	$0.00	A	22,831	D
Common Stock	Feb 15, 2018	F	774	$46.00	D	22,057	D
Common Stock	Feb 15, 2018	M	1,694	$0.00	A	23,751	D
Common Stock	Feb 15, 2018	F	586	$46.00	D	23,165	D
Common Stock	Feb 15, 2018	M	4,560	$0.00	A	27,725	D
Common Stock	Feb 15, 2018	F	2,261	$46.00	D	25,464	D
Common Stock	Feb 15, 2018	M	10,350	$0.00	A	35,814	D
Common Stock	Feb 15, 2018	F	5,089	$46.00	D	30,725	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 Units^F2,F3,F4	—	Feb 15, 2018	M	16,562	D	—	Aug 19, 2024	Common Stock	16,562	49,688	D
Restricted Stock Units^F2,F5,F4	—	Feb 15, 2018	M	2,238	D	—	Jan 31, 2026	Common Stock	2,238	17,900	D
Restricted Stock Units^F2,F6,F4	—	Feb 15, 2018	M	1,694	D	—	Jan 31, 2026	Common Stock	1,694	5,083	D
Restricted Stock Units^F2,F7,F4	—	Feb 15, 2018	M	4,560	D	—	Feb 5, 2027	Common Stock	4,560	31,919	D
Restricted Stock Units^F2,F8,F4	—	Feb 15, 2018	M	10,350	D	—	Feb 5, 2027	Common Stock	10,350	31,050	D

Explanation of responses

F1Exempt transaction pursuant to Rule 16b-3(e). The shares were automatically withheld by the Issuer in accordance with the agreement governing the RSUs to satisfy tax withholding obligations of the Reporting Person resulting from the vesting and settlement of the RSUs. The shares were withheld and cancelled by the Issuer and no shares were sold by the Reporting Person.
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.
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, 2016, 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: 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 as to 100% of such shares following a change in control of the issuer.
F7The restricted stock units vest as follows: 12.5% of the underlying shares vest on February 15, 2018, with the remainder vesting in equal 12.5% installments over the next seven quarters. The restricted stock units are subject to accelerated vesting as to 100% of such shares following a change in control of the issuer.
F8The restricted stock units vest as follows: 25% of the underlying shares vest one year following the vesting commencement date of February 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 as to 100% of such shares following a change in control of the issuer.