SEC Form 4 · accession 0001474439-15-000081
Telenav, Inc. · TNAV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Strambi
Officer — CFO
Period of report
Sep 13, 2015
Accepted (ET)
Sep 16, 2015 · 5:53 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 | 12,500 | $0.00 | A | 28,136 | D | |
| Common Stock | Sep 13, 2015 | F | 4,697 | $6.93 | D | 23,439 | D | |
| Common Stock | Sep 13, 2015 | M | 25,000 | $0.00 | A | 48,439 | D | |
| Common Stock | Sep 13, 2015 | F | 9,395 | $6.93 | D | 39,044 | 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 | 12,500 | D | Sep 13, 2015 | — | Common Stock | 12,500 | 12,500 | D |
| Restricted Stock UnitF1,F3 | — | Sep 13, 2015 | M | 25,000 | D | Sep 13, 2015 | — | Common Stock | 25,000 | 50,000 | 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.