SEC Form 4 · accession 0001474439-15-000042
Telenav, Inc. · TNAV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Salman Dhanani
Officer — Co-Pres. Automotive Bus Unit
Period of report
Jun 1, 2015
Accepted (ET)
Jun 3, 2015 · 5:32 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 | Jun 1, 2015 | M | 7,867 | $0.72 | A | 215,325 | D | |
| Common Stock | Jun 1, 2015 | S | 7,867 | $8.9615 | D | 207,458 | 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)F2 | $0.72 | Jun 1, 2015 | M | 7,867 | D | Mar 7, 2007 | Mar 14, 2016 | Common Stock | 7,867 | 68,815 | D |
Explanation of responses
- F1The sale transaction was made pursuant to a Rule 10b5-1 plan adopted by the reporting person on March 13, 2015.
- F2This stock option was granted on March 14, 2006 and vests over four years. 1/4th of the shares subject to the option will be vested and become exercisable on March 7, 2007 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.