UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Stock Option (Right to Buy) | Â (1) | 09/15/2023 | Common Stock | 300,000 | $ 18.41 | D | Â |
Restricted Stock Unit (RSU) | Â (2) | Â (2) | Common Stock | 110,000 | $ 0 (3) | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
TACHNER ADAM H 1745 TECHNOLOGY DRIVE SAN JOSE, CA 95110 |
 |  |  VP and General Counsel |  |
/s/ Adam H. Tachner | 10/15/2013 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | The shares subject to this option shall vest over a period of four years, with 25% of the shares subject to the option vesting 12 months after the vesting commencement date of August 26, 2013, and the remaining shares in equal monthly installments over the remaining 36 months at a rate of 1/48th per month. |
(2) | 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 33.3% annnually. Shares will be delivered to the Reporting Person on each vest date. |
(3) | Each Restricted Stock Unit ("RSU") represents a contingent right to receive at settlement one share of InvenSense common stock at no cost. |