SEC Form 4 · accession 0001593678-17-000014
TiVo Corp · TIVO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Pamela A. Sergeeff
Officer — EVP, GENERAL COUNSEL
Period of report
Mar 1, 2017
Accepted (ET)
Mar 3, 2017 · 5:49 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 | Mar 1, 2017 | M | 20,000 | $0.001 | A | 100,066 | D | |
| Common StockF1 | Mar 1, 2017 | A | 1,946 | $0.001 | A | 102,012 | D | |
| Common StockF2 | Mar 1, 2017 | M | 5,250 | $0.001 | A | 107,262 | D | |
| Common StockF3 | Mar 1, 2017 | M | 3,049 | $0.001 | A | 110,311 | D | |
| Common StockF4 | Mar 1, 2017 | F | 17,188 | $18.95 | D | 93,123 | 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 UnitsF5,F7 | — | Mar 1, 2017 | A | 10,554 | A | — | Jan 1, 2019 | Common Stock | 10,554 | 10,554 | D |
| Performance RightsF1,F6 | — | Mar 1, 2017 | M | 20,000 | D | Mar 1, 2017 | Mar 1, 2017 | Common Stock | 20,000 | 0 | D |
| Restricted Stock UnitsF2,F5 | — | Mar 1, 2017 | M | 5,250 | D | Mar 1, 2017 | Mar 1, 2019 | Common Stock | 5,250 | 10,500 | D |
| Restricted Stock UnitsF3,F5 | — | Mar 1, 2017 | M | 3,049 | D | Mar 1, 2017 | Mar 1, 2020 | Common Stock | 3,049 | 9,149 | D |
Explanation of responses
- F1Awarded 145% of target based upon performance metrics from the March 1, 2014 performance grant. 21,946 shares are releaseable on March 1, 2017. 20,000 shares released from the March 1, 2014 performance grant; additional 1,946 shares represent shares issued to fulfill earned shares in excess of target.
- F2Granted March 1, 2015, this restricted stock unit grant vests over four years with a 25% vesting on each of the annual anniversaries of the grant date.
- F3Granted March 1, 2016, this restricted stock unit grant vests over four years with a 25% vesting on each of the annual anniversaries of the grant date.
- F4Shares withheld to satisfy tax withholding obligations upon vesting of restricted stock.
- F5Each restricted stock unit represents a contingent right to receive one share of TIVO common stock.
- F6Each restricted stock award share represents a contingent right to receive one share of TIVO common stock.
- F7Granted March 1, 2017, this restricted stock unit grant vests 50% on January 1, 2018 and 50% on January 1, 2019.