0001567619-20-004334.txt : 20200219
0001567619-20-004334.hdr.sgml : 20200219
20200219174118
ACCESSION NUMBER: 0001567619-20-004334
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200214
FILED AS OF DATE: 20200219
DATE AS OF CHANGE: 20200219
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Derhacobian Narbeh
CENTRAL INDEX KEY: 0001654253
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37582
FILM NUMBER: 20631508
MAIL ADDRESS:
STREET 1: C/O ADESTO TECHNOLOGIES CORPORATION
STREET 2: 1250 BORREGAS AVENUE
CITY: SUNNYVALE
STATE: CA
ZIP: 94089
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: ADESTO TECHNOLOGIES Corp
CENTRAL INDEX KEY: 0001395848
STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674]
IRS NUMBER: 161755067
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 3600 PETERSON WAY
CITY: SANTA CLARA
STATE: CA
ZIP: 95054
BUSINESS PHONE: 408-400-0578
MAIL ADDRESS:
STREET 1: 3600 PETERSON WAY
CITY: SANTA CLARA
STATE: CA
ZIP: 95054
FORMER COMPANY:
FORMER CONFORMED NAME: ADESTO TECHNOLOGIES CORP
DATE OF NAME CHANGE: 20070406
4
1
doc1.xml
FORM 4
X0306
4
2020-02-14
0
0001395848
ADESTO TECHNOLOGIES Corp
IOTS
0001654253
Derhacobian Narbeh
C/O ADESTO TECHNOLOGIES CORPORATION
3600 PETERSON WAY
SANTA CLARA
CA
95054
1
1
0
0
President and CEO
Common Stock
2020-02-14
4
A
0
84138
0.00
A
572335
D
Common Stock
2020-02-14
4
A
0
28695
0.00
A
601030
D
Common Stock
219823
I
By Trust
Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock upon settlement for no consideration. The RSUs will vest in equal quarterly installments over 4 years beginning on July 1, 2020, subject to the continued service of the Reporting Person through each vesting date. Shares of the Issuer's common stock will be delivered to the Reporting Person upon vesting.
Each performance-based restricted stock unit ("PSU") represents a contingent right to receive one share of the Issuer's common stock upon settlement for no consideration. Subject to the achievement of certain market-based performance metrics, 25% of the PSUs will vest every six months beginning July 31, 2021 until the earned PSUs have vested, subject to the continued service of the Reporting Person through each vesting date. Shares of the Issuer's common stock will be delivered to the Reporting Person upon vesting.
These shares were inadvertently reported in Form 4 filed January 3, 2020 as being directly held by the Reporting Person.
The Reporting Person is the trustee of The 2016 Derhacobian Trust. The Reporting Person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of such securities for purposes of Section 16 or for any other purposes.
/s/ Ron Shelton, as Attorney-in-Fact for Narbeh Derhacobian
2020-02-19