SEC Form 4 · accession 0001593678-18-000016
TiVo Corp · TIVO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter Halt
Officer — CFO
Period of report
Mar 1, 2018
Accepted (ET)
Mar 5, 2018 · 5:28 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, 2018 | M | 7,000 | $0.001 | A | 180,002 | D | |
| Common StockF3 | Mar 1, 2018 | M | 4,574 | $0.001 | A | 184,576 | D | |
| Common StockF4 | Mar 1, 2018 | M | 6,916 | $0.001 | A | 191,492 | D | |
| Common StockF5 | Mar 1, 2018 | M | 5,044 | $0.001 | A | 196,536 | D | |
| Common StockF6 | Mar 1, 2018 | F | 10,507 | $14.70 | D | 186,029 | 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 UnitsF1,F7 | — | Mar 1, 2018 | M | 7,000 | D | Mar 1, 2018 | Mar 1, 2019 | Common Stock | 7,000 | 7,000 | D |
| Restricted Stock UnitsF3,F7 | — | Mar 1, 2018 | M | 4,574 | D | Mar 1, 2018 | Mar 1, 2020 | Common Stock | 4,574 | 9,149 | D |
| Restricted Stock UnitsF4,F7 | — | Mar 1, 2018 | M | 6,916 | D | Mar 1, 2018 | Mar 1, 2018 | Common Stock | 6,916 | 0 | D |
| Restricted Stock UnitsF5,F7 | — | Mar 1, 2018 | M | 5,044 | D | Mar 1, 2018 | Mar 1, 2019 | Common Stock | 5,044 | 5,043 | D |
Explanation of responses
- F1Granted March 1, 2015, this restricted stock unit grant vests over four years with 25% vesting on each of the annual anniversaries of the grant date.
- F2Includes 872 shares purchased on January 31, 2018 pursuant to the company's Employee Stock Purchase Plan (ESPP).
- F3Granted March 1, 2016, this restricted stock unit grant vests over four years with 25% vesting on each of the annual anniversaries of the grant date.
- F4Pursuant to a performance award agreement granted on March 1, 2015, performance was measured through September 7, 2016 (the TiVo acquisition date) and vested on a pro rata basis based on the period from the grant date to the TiVo acquisition date compared to the original service period ending on March 1, 2018. The remainder of the award vests 50% on March 1, 2017 and March 1, 2018.
- F5Pursuant to a performance award agreement granted on March 1, 2016, performance was measured through September 7, 2016 (the TiVo acquisition date) and vested on a pro rata basis based on the period from the grant date to the TiVo acquisition date compared to the original service period ending on March 1, 2019. The remainder of the award vests 33% on March 1, 2017, March 1, 2018 and March 1, 2019.
- F6Shares withheld to satisfy tax withholding obligations upon vesting of restricted stock.
- F7Each restricted stock unit represents a contingent right to receive one share of TIVO common stock.