SEC Form 4 · accession 0001713346-18-000008
Telenav, Inc. · TNAV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lily Toy
Officer — General Counsel
Period of report
Sep 10, 2018
Accepted (ET)
Sep 11, 2018 · 4:54 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 10, 2018 | M | 1,000 | $0.00 | A | 24,226 | D | |
| Common Stock | Sep 10, 2018 | F | 345 | $5.40 | D | 23,881 | D | |
| Common Stock | Sep 10, 2018 | M | 1,250 | $0.00 | A | 25,131 | D | |
| Common Stock | Sep 10, 2018 | F | 432 | $5.40 | D | 24,699 | 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 10, 2018 | M | 1,000 | D | Sep 10, 2018 | — | Common Stock | 1,000 | 0 | D |
| Restricted Stock UnitF1,F3 | $0.00 | Sep 10, 2018 | M | 1,250 | D | Sep 10, 2018 | — | Common Stock | 1,250 | 1,250 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Telenav, Inc.'s common stock.
- F2The 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 September 10, 2014, 1000 restricted stock units vested on September 10, 2018
- 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 September 10, 2015. 1250 restricted stock units vested on September 10, 2018 and shall vest on September 10, 2019.