SEC Form 4 · accession 0001474439-15-000038
Telenav, Inc. · TNAV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Loren E Hillberg
Officer — General Counsel
Period of report
May 26, 2015
Accepted (ET)
May 28, 2015 · 6:10 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 26, 2015 | M | 1,875 | $4.92 | A | 1,875 | D | |
| Common Stock | May 26, 2015 | S | 1,875 | $9.2739 | D | 0 | D | |
| Common Stock | May 26, 2015 | M | 3,125 | $6.55 | A | 3,125 | D | |
| Common Stock | May 26, 2015 | S | 3,125 | $9.2739 | D | 0 | D | |
| Common Stock | May 26, 2015 | M | 5,000 | $6.55 | A | 5,000 | D | |
| Common Stock | May 26, 2015 | S | 5,000 | $9.2467 | D | 0 | 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 | $6.55 | May 26, 2015 | M | 3,125 | D | Nov 2, 2011 | Nov 2, 2020 | Common Stock | 3,125 | 8,718 | D |
| Incentive Stock Option (right to buy)F1 | $6.55 | May 26, 2015 | M | 5,000 | D | Nov 2, 2011 | Nov 2, 2020 | Common Stock | 5,000 | 3,718 | D |
| Non-Qualified Stock Option (right to buy)F2 | $4.92 | May 26, 2015 | M | 1,875 | D | Sep 5, 2014 | Aug 5, 2024 | Common Stock | 1,875 | 24,375 | D |
Explanation of responses
- F1This stock option was granted on November 2, 2010 and vests over four years. Subject to the optionee's continued status as a service provider, 25% of the shares subject to the option will vest and become immediately exercisable one year after November 2, 2010 and 1/48th of the shares will vest and become exercisable each month thereafter on the same day of the month as November 2, 2010.
- 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.