0001209191-15-044717.txt : 20150519
0001209191-15-044717.hdr.sgml : 20150519
20150519211309
ACCESSION NUMBER: 0001209191-15-044717
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20150515
FILED AS OF DATE: 20150519
DATE AS OF CHANGE: 20150519
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: InvenSense Inc
CENTRAL INDEX KEY: 0001294924
STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674]
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0331
BUSINESS ADDRESS:
STREET 1: 1745 TECHNOLOGY DRIVE
CITY: SAN JOSE
STATE: CA
ZIP: 95110
BUSINESS PHONE: (408) 988-7339
MAIL ADDRESS:
STREET 1: 1745 TECHNOLOGY DRIVE
CITY: SAN JOSE
STATE: CA
ZIP: 95110
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Lloyd Stephen
CENTRAL INDEX KEY: 0001526785
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35269
FILM NUMBER: 15878097
MAIL ADDRESS:
STREET 1: 1197 BOREGAS AVENUE
CITY: SUNNYVALE
STATE: CA
ZIP: 94089
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2015-05-15
0
0001294924
InvenSense Inc
INVN
0001526785
Lloyd Stephen
C/O INVENSENSE INC.
1745 TECHNOLOGY DRIVE
SAN JOSE
CA
95110
0
1
0
0
VP Engineering & New Product
Common Stock
2015-05-15
4
A
0
20000
0.00
A
50336
D
Common Stock
2015-05-15
4
M
0
3750
0.00
A
54086
D
Common Stock
2015-05-15
4
M
0
2000
0.00
A
56086
D
Common Stock
2015-05-18
4
S
0
2177
14.46
D
53909
D
Common Stock
2015-05-18
4
S
0
5
14.57
D
53904
D
Stock Option (right to buy)
14.57
2015-05-15
4
A
0
75000
0.00
A
2025-05-15
Common Stock
75000
75000
D
Restricted Stock Unit (RSU)
0.00
2015-05-15
4
M
0
3750
0.00
D
Common Stock
3750
49250
D
Restricted Stock Unit (RSU)
0.00
2015-05-15
4
M
0
2000
0.00
D
Common Stock
2000
47250
D
Represents a grant of unvested restricted stock. 25% of the award will vest and become subject to release from restrictions annually over the next four years beginning May 15, 2016.
Each Restricted Stock Unit ("RSU") represents a contingent right to receive at settlement one share of Invensense common stock at no cost
The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 Sales Plan adopted by the reporting person on December 8, 2014.
In connection with the vesting and delivery of restricted stock units, shares were sold and the net proceeds were used to pay required withholding taxes.
The option vests monthly over 4 years following the vesting commencement date of May 15,2015, at the rate of 1/48 per month.
Subject to the Reporting Person's continuing employment and the provisions in the Invensense's standard form of RSU award agreement, the shares will commence vesting as of the Grant Date and vest at a rate of 25% annually. Shares will be delivered to the reporting person on each vest date.
Subject to the Reporting Person's continuing employment and the provisions in Invensense's standard form of RSU award agreement, 25% of the shares will vest one year from the Grant Date, 25% of the shares will vest on 8/15/15, 25% of the shares will vest on 11/15/15 and 25% of the shares will vest on 2/15/16. Shares will be delivered to the reporting person on each vest date.
/s/ Adam Tachner, Attorney-in-Fact for: Stephen Lloyd
2015-05-19