SEC Form 4 · accession 0001696550-17-000009
Telenav, Inc. · TNAV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Evan Berg
Officer — VP Corp. Dev.& Strategy
Period of report
Jul 31, 2017
Accepted (ET)
Aug 1, 2017 · 3:10 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 | Jul 31, 2017 | M | 5,000 | $0.00 | A | 31,503 | D | |
| Common Stock | Jul 31, 2017 | F | 1,879 | $7.50 | D | 29,624 | 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 | — | Jul 31, 2017 | M | 5,000 | D | Jul 31, 2017 | — | Common Stock | 5,000 | 10,000 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Common Stock of Telenav, Inc.
- F21/4 of 20,000 restricted stock units will vest on each yearly anniversary of the vesting commencement date, which is July 31, 2015. 5,000 restricted stock units shall vest on August 10, 2017, August 10, 2018 and August 10, 2019, respectively.