0001209191-16-099591.txt : 20160217
0001209191-16-099591.hdr.sgml : 20160217
20160217203906
ACCESSION NUMBER: 0001209191-16-099591
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160215
FILED AS OF DATE: 20160217
DATE AS OF CHANGE: 20160217
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: Maghsoudnia Mozafar
CENTRAL INDEX KEY: 0001385552
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35269
FILM NUMBER: 161435763
MAIL ADDRESS:
STREET 1: C/O INVENSENSE, INC.
STREET 2: 1745 TECHNOLOGY DRIVE
CITY: SAN JOSE
STATE: CA
ZIP: 95110
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2016-02-15
0
0001294924
InvenSense Inc
INVN
0001385552
Maghsoudnia Mozafar
C/O INVENSENSE INC.
1745 TECHNOLOGY DRIVE
SAN JOSE
CA
95110
0
1
0
0
VP Technology & Worldwide Manu
Common Stock
2016-02-15
4
M
0
4750
0.00
A
29177
D
Common Stock
2016-02-15
4
M
0
3000
0.00
A
32177
D
Common Stock
2016-02-16
4
S
0
3490
6.8009
D
28687
D
Restricted Stock Unit (RSU)
0.00
2016-02-15
4
M
0
4750
0.00
D
Common Stock
4750
81000
D
Restricted Stock Unit (RSU)
0.00
2016-02-15
4
M
0
3000
0.00
D
Common Stock
3000
78000
D
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 November 8, 2015.
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 price reported in Column 4 reflects the weighted average price. These shares were sold in multiple transactions at prices ranging from $6.80 to $6.8525, inclusive. The reporting person undertakes to provide to InvenSense, Inc., any security holder of InvenSense, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares and prices at which the transactions were effected.
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.
The amount reported in Column 9 reflects the aggregate number of Restricted Stock Units ("RSU")outstanding.
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: Mozafar Maghsoudnia
2016-02-17