SEC Form 4 · accession 0001140361-17-022934
ADESTO TECHNOLOGIES Corp · IOTS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Janet Wang
Officer — VP, Discrete Products Group
Period of report
May 25, 2017
Accepted (ET)
May 30, 2017 · 7:32 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 Stock | May 25, 2017 | M | 7,976 | $1.65 | A | 78,678 | D | |
| Common StockF1 | May 25, 2017 | S | 2,600 | $5.10 | D | 76,078 | D | |
| Common Stock | May 26, 2017 | M | 478 | $1.65 | A | 76,556 | D | |
| Common Stock | May 30, 2017 | M | 10,030 | $1.65 | A | 86,586 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common StockF2 | $1.65 | May 25, 2017 | M | 7,976 | D | — | Oct 31, 2017 | Common Stock | 7,976 | 10,508 | D |
| Common StockF2 | $1.65 | May 26, 2017 | M | 478 | D | — | Oct 31, 2017 | Common Stock | 478 | 10,030 | D |
| Common StockF2 | $1.65 | May 30, 2017 | M | 10,030 | D | — | Oct 31, 2017 | Common Stock | 10,030 | 0 | D |
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.
- F2The stock option is fully vested and immediately exercisable.