SEC Form 4 · accession 0001474439-16-000196
Telenav, Inc. · TNAV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Strambi
Officer — CFO
Period of report
Sep 12, 2016
Accepted (ET)
Sep 14, 2016 · 6:11 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 12, 2016 | S | 8,500 | $5.45 | D | 35,305 | D | |
| Common Stock | Sep 13, 2016 | M | 12,500 | $0.00 | A | 47,805 | D | |
| Common Stock | Sep 13, 2016 | F | 4,697 | $5.32 | D | 43,108 | D | |
| Common Stock | Sep 13, 2016 | M | 25,000 | $0.00 | A | 68,108 | D | |
| Common Stock | Sep 13, 2016 | F | 9,395 | $5.32 | D | 58,713 | 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 | $0.00 | Sep 13, 2016 | M | 12,500 | D | Sep 13, 2016 | — | Common Stock | 12,500 | 0 | D |
| Restricted Stock UnitF1,F3 | $0.00 | Sep 13, 2016 | M | 25,000 | D | Sep 13, 2016 | — | Common Stock | 25,000 | 25,000 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Telenav Inc.'s common stock.
- F2These RSUs began vesting on September 13, 2012 and vest annually as to 1/4th of the shares per year.
- F3These RSUs began vesting on September 13, 2013 and vest annually as to 1/4th of the shares per year.