SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
MILNE MATTHEW

(Last) (First) (Middle)
C/O TIVO CORPORATION
2160 GOLD STREET

(Street)
SAN JOSE CA 95002

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
TiVo Corp [ TIVO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Revenue Officer
3. Date of Earliest Transaction (Month/Day/Year)
07/01/2019
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 07/01/2019 M 6,000(1) A $0.001 66,150 D
Common Stock 07/01/2019 M 6,970(2) A $0.001 73,120 D
Common Stock 07/01/2019 F 4,485(3) D $7.23 68,635 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (4) 07/01/2019 M 6,000 (1) 07/01/2021 Common Stock 6,000 $0.001 54,256 D
Restricted Stock Units (4) 07/01/2019 M 6,970 (2) 07/01/2022 Common Stock 6,970 $0.001 47,286 D
Performance Rights (4) 07/01/2019 A 67,842 (5) 07/01/2022(6) Common Stock 67,842 $0.001 123,500 D
Restricted Stock Units (4) 07/01/2019 A 67,842 (7) 07/01/2023 Common Stock 67,842 $0.001 115,128 D
Explanation of Responses:
1. Granted July 1, 2017, this restricted stock unit grant vests over four years with 25% vesting on each of the annual anniversaries of the grant date.
2. Granted July 1, 2018, this restricted stock unit grant vests over four years with 25% vesting on each of the annual anniversaries of the grant date.
3. Shares withheld to satisfy tax withholding obligations upon vesting of restricted stock units.
4. Each restricted stock unit represents a contingent right to receive one share of TIVO common stock.
5. Granted July 1, 2019, 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, 2019.
6. Achievement of performance metric to be measured by the compensation committee during the first compensation committee meeting in 2022 (but no later than June 30, 2022).
7. Granted July 1, 2019, this restricted stock unit grant vests over four years with 25% vesting on each of the annual anniversaries of the grant date.
Remarks:
Anna Felix as Attorney-in-Fact for Matthew Milne 07/03/2019
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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