SEC Form 4 · accession 0001140361-17-010782
ADESTO TECHNOLOGIES Corp · IOTS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Shane Hollmer
Officer — VP, Engineering
Period of report
Jan 31, 2017
Accepted (ET)
Mar 6, 2017 · 7:54 pm EST
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,F3 | Jan 31, 2017 | S | 4,560 | $3.55 | D | 70,915 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the aggregate number of shares of the Issuer's common stock sold by the Reporting Person to cover taxes due upon the release and settlement of the RSU's. The Reporting Person did not sell or otherwise dispose of any of the shares reported on this Form 4 for any reason other than to cover required taxes.
- F2Represents the average sales price per share. The shares were sold at prices ranging from $3.55 to $3.60 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
- F3Includes 2,500 shares acquired under the issuer's employee stock purchase plan (the "ESPP") on July 29, 2016, and 1,365 shares acquired under the ESPP on January 31, 2017.