SEC Form 4 · accession 0001474439-15-000057
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
Jul 31, 2015
Accepted (ET)
Aug 4, 2015 · 8:50 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 | Aug 4, 2015 | C | 1,250 | $0.00 | A | 16,105 | D | |
| Common Stock | Aug 4, 2015 | F | 469 | $0.00 | D | 15,636 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F1 | $6.86 | Aug 4, 2015 | A | 70,000 | A | — | Aug 4, 2025 | Common Stock | 70,000 | 70,000 | D |
| Restricted Stock UnitF2,F3 | $0.00 | Jul 31, 2015 | A | 30,000 | A | — | Jul 31, 2019 | Restricted Stock Unit | 30,000 | 30,000 | D |
| Restricted Stock UnitF2,F4 | $0.00 | Aug 4, 2015 | C | 1,250 | D | — | Apr 30, 2016 | Common Stock | 1,250 | 3,750 | D |
Explanation of responses
- F1This stock option vests as to 1/48 of the shares underlying these options on each monthly anniversary of the date of grant, August 4, 2015.
- F2Each restricted stock unit represents a contingent right to receive one share of Telenav, Inc.'s common stock.
- F3This RSU vests 25% per year on the anniversary of the date of grant, July 31, 2015.
- F4This RSU vests quarterly as to 1,250 units commencing July 31, 2012.