SEC Form 4 · accession 0001474439-15-000080
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
Sep 13, 2015
Accepted (ET)
Sep 16, 2015 · 5:42 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 | Sep 13, 2015 | M | 15,000 | $0.00 | A | 227,907 | D | |
| Common Stock | Sep 13, 2015 | F | 4,102 | $6.93 | D | 223,805 | D | |
| Common Stock | Sep 13, 2015 | M | 17,500 | $0.00 | A | 241,305 | D | |
| Common Stock | Sep 13, 2015 | F | 4,786 | $6.93 | D | 236,519 | 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 UnitF1,F2 | — | Sep 13, 2015 | M | 15,000 | D | Sep 13, 2015 | — | Common Stock | 15,000 | 15,000 | D |
| Restricted Stock UnitF1,F3 | — | Sep 13, 2015 | M | 17,500 | D | Sep 13, 2015 | — | Common Stock | 17,500 | 35,000 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Telenav Inc.'s common stock.
- F2This RSU vests 25% per year on the anniversary of the vesting commencement date, which is September 13, 2012.
- F3This RSU vests 25% per year on the anniversary of the vesting commencement date, which is September 13, 2013.