SEC Form 4 · accession 0001140361-17-024620
ADESTO TECHNOLOGIES Corp · IOTS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Keith Crandell
Director · 10% Owner
Period of report
Jun 6, 2017
Accepted (ET)
Jun 9, 2017 · 7:42 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 | Jun 6, 2017 | M | 8,241 | $0.00 | A | 8,241 | D | |
| Common StockF2,F3 | Jun 6, 2017 | A | 6,250 | $0.00 | A | 14,491 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F4 | $0.00 | Jun 6, 2017 | M | 8,241 | D | — | — | Common Stock | 8,241 | 0 | D |
Explanation of responses
- F1Vesting and release of restricted stock units ("RSUs") granted to the Reporting Person on June 6, 2016 (the "June 2016 RSUs").
- F2100% of the RSUs will vest on June 6, 2018. Shares of the Issuer's common stock will be delivered to the Reporting Person following vesting.
- F3Represents an RSU. Each RSU represents a contingent right to receive 1 share of the Issuer's Common Stock upon settlement for no consideration.
- F4100% of the June 2016 RSUs vested and became exercisable on June 6, 2017. Shares of the Issuer's common stock will be delivered to the Reporting Person following vesting.