SEC Form 4 · accession 0001713346-18-000001
Telenav, Inc. · TNAV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lily Toy
Officer — General Counsel
Period of report
Mar 10, 2018
Accepted (ET)
Mar 12, 2018 · 4:29 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 | Mar 10, 2018 | M | 1,435 | $0.00 | A | 13,313 | D | |
| Common Stock | Mar 10, 2018 | F | 586 | $6.20 | D | 12,727 | D | |
| Common Stock | Mar 10, 2018 | M | 2,500 | $0.00 | A | 15,227 | D | |
| Common Stock | Mar 10, 2018 | F | 1,022 | $6.20 | D | 14,205 | 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 | — | Mar 10, 2018 | M | 1,435 | D | Mar 10, 2018 | — | Common Stock | 1,435 | 0 | D |
| Restricted Stock UnitF1,F3 | — | Mar 10, 2018 | M | 2,500 | D | Mar 10, 2018 | — | Common Stock | 2,500 | 7,500 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Telenav, Inc.'s common stock.
- F21,435 restricted stock units vested on March 20, 2018. These RSUs are fully vested.
- F3The restricted stock units vest as to 1/4 of the shares underlying these restricted stock units on each annual anniversary following the vesting commencement date, which is March 10, 2017. 2,500 restricted stock units shall vest on each of March 10, 2019, March 10, 2020 and March 10, 2021, respectively.