SEC Form 4 · accession 0001209191-18-031412
QUANTENNA COMMUNICATIONS INC · QTNA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David William Carroll
Officer — SVP Worldwide Sales
Period of report
Jan 10, 2018
Accepted (ET)
May 18, 2018 · 4:28 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001370702
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jan 10, 2018 | A | 26,000 | $0.00 | A | 66,297 | D | |
| Common StockF4 | May 16, 2018 | S | 2,022 | $14.798 | D | 64,275 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F5 | $13.06 | Jan 10, 2018 | A | 65,000 | A | Jan 10, 2019 | Jan 10, 2028 | Common Stock | 65,000 | 65,000 | D |
Explanation of responses
- F1Each share is represented by a Restricted Stock Unit ("RSU"). One-eighth (1/8) of the RSUs will vest on August 20, 2018 and each six-month anniversary thereafter, subject to the Reporting Person's continued service on each such vesting date.
- F2Includes shares acquired by the Reporting Person pursuant to the Issuer's Employee Stock Purchase Plan.
- F3The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 automatic trading plan adopted by the Reporting Person.
- F4This sale price represents the weighted average sale price of the shares sold ranging from $14.58 to $14.99 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
- F5One-fourth (1/4) of the shares subject to the option will vest on January 10, 2019, and one forty-eighth (1/48) of the shares vest monthly thereafter, subject to the Reporting Person's continued service on each such vesting date.