SEC Form 4 · accession 0001140361-18-019867
ADESTO TECHNOLOGIES Corp · IOTS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ron Shelton
Officer — Chief Financial Officer
Period of report
Apr 24, 2018
Accepted (ET)
Apr 26, 2018 · 8:53 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 | Apr 24, 2018 | A | 13,855 | $0.00 | A | 241,741 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2 | $8.45 | Apr 24, 2018 | A | 29,980 | A | — | Apr 23, 2028 | Common Stock | 29,980 | 29,980 | 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. The RSUs will vest quarterly over 4 years beginning on June 30, 2018. Shares of the Issuer's common stock will be delivered to the Reporting Person following vesting.
- F2The stock option will vest quarterly over 4 years beginning on June 30, 2018. Shares of the Issuer's common stock will be delivered to the Reporting Person following vesting.