SEC Form 4 · accession 0001474439-16-000147
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
Feb 19, 2016
Accepted (ET)
Feb 23, 2016 · 1:35 pm EST
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 | Feb 19, 2016 | M | 46,682 | $0.72 | A | 288,253 | 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 UnitF1 | $0.72 | Feb 19, 2016 | M | 46,682 | D | — | Mar 14, 2016 | Common Stock | 46,682 | 10,000 | D |
Explanation of responses
- F1This incentive stock option represents a right to purchase a total of 86,682 shares of common stock. 25% of the options became exercisable on the one-year anniversary of the vesting commencement date, which is March 7, 2007, and the balance of options became exercisable in 36 equal monthly installments, beginning on April 7, 2007.