SEC Form 4 · accession 0001567619-18-008750
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
Aug 14, 2018
Accepted (ET)
Dec 27, 2018 · 8:08 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 | Aug 14, 2018 | M | 15,010 | $1.65 | A | 255,370 | 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 | $1.65 | Aug 14, 2018 | M | 15,010 | D | — | Jun 17, 2023 | Common Stock | 15,010 | 59,944 | D |
Explanation of responses
- F1On August 17, 2018, the Reporting Person transferred 15,010 shares of Common Stock to his former spouse pursuant to a domestic relations order. Following this transfer, the Reporting Person beneficially owned 240,360 shares of the Issuer's Common Stock as a direct holding. The Reporting Person no longer reports as beneficially owned any securities owned by his former spouse.
- F2The stock option vested and became exercisable in 48 equal monthly installments beginning on May 1, 2012.