SEC Form 3 · accession 0001209191-18-051723
Techpoint, Inc. · M-6697
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen M. Wong
Officer — Interim Chief Financial Office
Period of report
Sep 5, 2018
Accepted (ET)
Sep 19, 2018 · 9:15 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001556898
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | holding | — | — | — | 17,500 | D | ||
| Japanese Depositary Shares Representing Equity StockF3 | holding | — | — | — | 7,500 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F4 | $2.93 | holding | — | — | — | — | Apr 1, 2027 | Common Stock | 10,000 | — | D |
Explanation of responses
- F1The issuer's common stock trades on the Tokyo Stock Exchange under the symbol referenced in the issuer's registration statement on Form S-1 (File No. 333-219992).
- F2Includes 12,917 shares of common stock that are subject to a right of repurchase by the issuer that lapses over time in accordance with the terms of a stock option award that was early exercised by the reporting person.
- F3Each Japanese Depositary Share represents an ownership interest in one share of Common Stock.
- F4The option vests over 5 years at the rate of 1/60th of the total shares on each monthly anniversary from the vesting commencement date of April 1, 2017. The option includes an early exercise provision that allows the optionee to exercise the option as to the unvested shares (in addition to the vested shares), subject to the issuer's right of repurchase of any unvested shares that lapses over the vesting period.
Remarks
Exhibit List: Exhibit 24 - Power of Attorney