SEC Form 4 · accession 0001209191-18-026323
IMPERVA INC · IMPV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Allan R Tessler
Director
Period of report
Apr 24, 2018
Accepted (ET)
Apr 26, 2018 · 7:35 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 | Apr 26, 2018 | M | 4,624 | $0.00 | A | 13,557 | D | |
| Common StockF2 | holding | — | — | — | 35,000 | I | See Footnote |
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 | — | Apr 24, 2018 | A | 4,081 | A | — | May 23, 2019 | Common Stock | 4,081 | 4,081 | D |
| Restricted Stock UnitsF3,F6,F5 | — | Apr 26, 2018 | M | 4,624 | D | — | May 25, 2018 | Common Stock | 4,624 | 0 | 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.
- F2The shares are owned of record as follows: (A) 3,250 shares are held by International Financial GP of Nevada, of which the Reporting Person is the sole owner and Chair/CEO; (B) 7,500 shares are held by the Allan R. Tessler Charitable Remainder Unitrust #1 u/a/d 121696, of which the Reporting Person is the sole trustee; (C) 7,500 Shares are held by the Allan R. Tessler Charitable Remainder Unitrust #2 u/a/d 121696, of which the Reporting Person is the sole trustee; (D) 6,750 shares are held by Tessler Family Limited of which the Reporting Person is a limited partner; and (E) 10,000 shares are held by the ART FGT Family Partners Limited, of which the Reporting Person is a limited partner.
- 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: 100% of the underlying shares vest one year following the vesting commencement date of April 24, 2018. 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: 100% of the underlying shares vest one year following the vesting commencement date of April 26, 2017. The restricted stock units are subject to accelerated vesting as to 100% of such shares following a change in control of the Issuer.