SEC Form 4 · accession 0001140361-16-054223
ADESTO TECHNOLOGIES Corp · IOTS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas D Spade
Officer — VP, Worldwide Sales
Period of report
Feb 9, 2016
Accepted (ET)
Feb 19, 2016 · 8:13 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001395848
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 UnitsF1,F2 | $0.00 | Feb 9, 2016 | A | 1,540 | A | — | — | Common Stock | 1,540 | 1,540 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Common Stock upon settlement for no consideration.
- F2The RSUs will vest as to 1/4th of the total number of shares on October 29, 2016, and thereafter will vest as to 1/48th of the total number of shares in equal monthly installments. Shares of the Issuer's common stock will be delivered to the Reporting Person following vesting.