SEC Form 4 · accession 0001593678-17-000038
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
Jul 1, 2017
Accepted (ET)
Jul 5, 2017 · 8:01 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001675820
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance RightsF1,F2,F3 | — | Jul 1, 2017 | A | 20,107 | A | — | Jul 1, 2020 | Common Stock | 20,107 | 20,107 | D |
| Restricted Stock UnitsF1,F4 | — | Jul 1, 2017 | A | 20,107 | A | — | Jul 1, 2021 | Common Stock | 20,107 | 20,107 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of TIVO common stock.
- F2Granted July 1, 2017, the vesting of these performance units is based entirely upon the achievement of a three-year relative TSR metric of percentile ranking against a peer group previously established by the TiVo Board of Directors' compensation committee, with the three-year performance period beginning January 1, 2017.
- F3Measurement of achievement of performance metric to be done by the compensation committee during the first compensation committee meeting in 2020 (but no later than June 30, 2020).
- F4Granted July 1, 2017, this restricted stock unit grant vests over 4 years with 25% vesting on each of the annual anniversaries of the grant date.