SEC Form 4 · accession 0001593678-17-000011
TiVo Corp · TIVO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dustin Finer
Officer — ChiefAdmin&InternalOpsOfficer
Period of report
Mar 1, 2017
Accepted (ET)
Mar 3, 2017 · 5:41 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001675820
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Mar 1, 2017 | M | 19,034 | $0.001 | A | 52,130 | D | |
| Common StockF1 | Mar 1, 2017 | A | 3,466 | $0.001 | A | 55,596 | D | |
| Common StockF3 | Mar 1, 2017 | M | 25,000 | $0.001 | A | 80,596 | D | |
| Common StockF3 | Mar 1, 2017 | A | 2,434 | $0.001 | A | 83,030 | D | |
| Common StockF4 | Mar 1, 2017 | M | 5,250 | $0.001 | A | 88,280 | D | |
| Common StockF5 | Mar 1, 2017 | M | 1,524 | $0.001 | A | 89,804 | D | |
| Common StockF6 | Mar 1, 2017 | F | 34,902 | $18.95 | D | 54,902 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance RightsF1,F7 | — | Mar 1, 2017 | M | 19,034 | D | Mar 1, 2017 | Mar 1, 2017 | Common Stock | 19,034 | 0 | D |
| Performance RightsF3,F7 | — | Mar 1, 2017 | M | 25,000 | D | Mar 1, 2017 | Mar 1, 2017 | Common Stock | 25,000 | 0 | D |
| Restricted Stock UnitsF4,F8 | — | Mar 1, 2017 | M | 5,250 | D | Mar 1, 2017 | Mar 1, 2019 | Common Stock | 5,250 | 10,500 | D |
| Restricted Stock UnitsF5,F8 | — | Mar 1, 2017 | M | 1,524 | D | Mar 1, 2017 | Mar 1, 2020 | Common Stock | 1,524 | 4,575 | D |
Explanation of responses
- F1Awarded 150% of target based upon performance metrics from the March 1, 2013 performance grant. 22,500 shares are releaseable on March 1, 2017. 19,034 shares released from the March 1, 2013 performance grant; additional 3,466 shares represent shares issued to fulfill earned shares in excess of target..
- F2Includes 2,221shares purchased on January 31, 2017 pursuant to the company's Employee Stock Purchase Plan (ESPP).
- F3Awarded 145% of target based upon performance metrics from the March 1, 2014 performance grant. 27,434 shares are releaseable on March 1, 2017. 25,000 shares released from the March 1, 2014 performance grant; additional 2,434 shares represent shares issued to fulfill earned shares in excess of target.
- F4Granted March 1, 2015, this restricted stock unit grant vests over 4 years with 25% vesting on each of the annual anniversaries of the grant date.
- F5Granted March 1, 2016, this restricted stock unit grant vests over 4 years with 25% vesting on each of the annual anniversaries of the grant date.
- F6Shares withheld to satisfy tax withholding obligations upon vesting of restricted stock.
- F7Each restricted stock award share represents a contingent right to receive one share of TIVO common stock.
- F8Each restricted stock unit represents a contingent right to receive one share of TIVO common stock.