SEC Form 4 · accession 0001209191-18-006617

MARRONE BIO INNOVATIONS INC · MBII

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Michael H Benoff

Director

Period of report

Jan 30, 2018

Accepted (ET)

Feb 1, 2018 · 8:42 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001441693

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Common Stock^F1	Jan 31, 2018	M	22,092	—	A	30,092	D
Common Stock^F1	Jan 31, 2018	M	8,630	—	A	38,722	D
Common Stock^F1	Jan 31, 2018	M	36,850	—	A	75,572	D
Common Stock^F1	Jan 31, 2018	M	14,201	—	A	89,773	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 Units^F1,F2	—	Jan 30, 2018	A	14,201	A	—	—	Common Stock	14,201	14,201	D
Restricted Stock Units^F1,F3	—	Jan 31, 2018	M	22,092	D	—	—	Common Stock	22,092	11,048	D
Restricted Stock Units^F1,F4	—	Jan 31, 2018	M	8,630	D	—	—	Common Stock	8,630	0	D
Restricted Stock Units^F1,F5	—	Jan 31, 2018	M	36,850	D	—	—	Common Stock	36,850	0	D
Restricted Stock Units^F1,F2	—	Jan 31, 2018	M	14,201	D	—	—	Common Stock	14,201	0	D

Explanation of responses

F1Each restricted stock unit represented a contingent right to receive one share of Marrone Bio Innovations, Inc. common stock, which settled upon the termination of the reporting person's service as a director.
F2The restricted stock units vested with respect to 100% of the total shares subject to the grant on January 30, 2018. Vested shares will be delivered to the reporting person upon the earlier of the reporting person's separation of service with the Company or immediately prior to a change in control event.
F3The restricted stock units vested with respect to 1/3rd of the total shares on the first anniversary of the vesting commencement date of January 4, 2016, and with respect to 1/24th of the remaining shares subject to the grant monthly thereafter for 24 months. Vested shares will be delivered to the reporting person upon the earlier of the reporting person's separation of service with the Company or immediately prior to a change in control event.
F4The restricted stock units vested with respect to 100% of the total shares subject to the grant on the date of the 2016 annual stockholder meeting. Vested shares will be delivered to the reporting person upon the earlier of the reporting person's separation of service with the Company or immediately prior to a change in control event.
F5The restricted stock units vested with respect to 100% of the total shares subject to the grant on the date of the 2017 annual stockholder meeting. Vested shares will be delivered to the reporting person upon the earlier of the reporting person's separation of service with the Company or immediately prior to a change in control event.