SEC Form 4 · accession 0001474439-15-000035
Telenav, Inc. · TNAV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Michael Strambi
Officer — CFO
Period of report
May 7, 2015
Accepted (ET)
May 11, 2015 · 9:55 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001474439
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 7, 2015 | M | 6,093 | $4.92 | A | 29,063 | D | |
| Common Stock | May 7, 2015 | S | 6,093 | $8.6911 | D | 22,970 | D | |
| Common Stock | May 7, 2015 | M | 9,404 | $5.14 | A | 32,374 | D | |
| Common Stock | May 7, 2015 | S | 9,404 | $8.6911 | D | 22,970 | D | |
| Common Stock | May 7, 2015 | M | 4 | $5.14 | A | 22,974 | D | |
| Common Stock | May 7, 2015 | S | 4 | $8.6911 | D | 22,970 | D | |
| Common Stock | May 7, 2015 | M | 4,541 | $5.14 | A | 27,511 | D | |
| Common Stock | May 7, 2015 | S | 4,541 | $8.6911 | D | 22,970 | D | |
| Common Stock | May 7, 2015 | S | 8,115 | $8.6874 | D | 14,855 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Incentive Stock Option (right to buy)F1 | $5.14 | May 7, 2015 | M | 4 | D | Nov 16, 2010 | Aug 3, 2020 | Common Stock | 4 | 0 | D |
| Non-Qualified Stock Option (right to buy)F2 | $4.92 | May 7, 2015 | M | 6,093 | D | Sep 5, 2014 | Aug 5, 2024 | Common Stock | 6,093 | 48,907 | D |
| Non-Qualified Stock Option (right to buy)F1 | $5.14 | May 7, 2015 | M | 9,404 | D | Nov 16, 2010 | Aug 3, 2020 | Common Stock | 9,404 | 0 | D |
| Non-Qualified Stock Option (right to buy)F1 | $5.14 | May 7, 2015 | M | 4,541 | A | Nov 16, 2010 | Nov 3, 2020 | Common Stock | 4,541 | 0 | D |
Explanation of responses
- F1This stock option was granted on August 3, 2010 and vests over four years. 1/4th of the shares subject to the option vested and became exercisable on November 16, 2010 and 1/48 of the shares subject to the option shall become vested at the end of each monthly period thereafter, subject to optionee's continued status as a service provider on such vest date.
- F2This stock option vests as to 1/48 of the shares underlying these options on the first monthly anniversary of the date of grant, August 5, 2014, and as to an additional 1/48 of the remaining shares underlying this option each month thereafter, subject to optionee's continued status as a service provider on such vest date.