SEC Form 4 · accession 0001593678-18-000086
TiVo Corp · TIVO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Hawkey
Officer — SVP & General Manager
Period of report
Oct 1, 2018
Accepted (ET)
Oct 3, 2018 · 6:42 pm EDT
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 | Oct 1, 2018 | M | 6,371 | $0.001 | A | 26,090 | D | |
| Common StockF2 | Oct 1, 2018 | F | 2,203 | $12.65 | D | 23,887 | 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,F3 | — | Oct 1, 2018 | M | 6,371 | D | Oct 1, 2018 | Oct 1, 2018 | Common Stock | 6,371 | 35,316 | D |
Explanation of responses
- F1Granted October 1, 2016, this performance-based restricted stock unit award vests in three tranches of one-third (1/3) of the Target Units granted, based on the achievement of pre-established performance metrics, as approved by the Company's Compensation Committee, over a performance period beginning on September 7, 2016 and ending on September 30, 2018.
- F2Shares withheld to satisfy tax withholding obligations upon vesting of restricted stock units.
- F3Each restricted stock unit represents a contingent right to receive one share of TIVO common stock.