SEC Form 4 · accession 0000899243-16-028232
ADESTO TECHNOLOGIES Corp · IOTS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Aug 26, 2016
Accepted (ET)
Aug 30, 2016 · 4:14 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001395848
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Aug 26, 2016 | S | 5,000 | $2.41 | D | 1,503,651 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.32 to $2.52, inclusive. The reporting person undertakes to provide to Adesto Technologies Corporation ("Adesto"), any security holder of Adesto, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in Table 1 above.
- F2Shares are owned directly by Applied Ventures, LLC, a wholly owned subsidiary of Applied Materials, Inc. ("Applied"). Applied is the indirect beneficial owner of the reported securities.
Remarks
Exhibit 99.1 - Joint Filer Information, incorporated herein by reference.