Justin Scarpulla - 24 Feb 2025 Form 4 Insider Report for Identiv, Inc. (INVE)

Signature
/s/ Justin Scarpulla
Issuer symbol
INVE
Transactions as of
24 Feb 2025
Net transactions value
-$58,986
Form type
4
Filing time
26 Feb 2025, 17:18:49 UTC
Previous filing
03 Jan 2025
Next filing
03 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INVE Common Stock Award $0 +30,000 +14% $0.000000 243,096 24 Feb 2025 Direct F1
transaction INVE Common Stock Tax liability $58,986 -16,805 -6.9% $3.51 226,291 24 Feb 2025 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents performance-based restricted stock units ("PSUs") granted to the reporting person, each of which represents a contingent right to receive one share of common stock. On July 29, 2024, the reporting person was granted PSUs pursuant to Issuer's 2011 Incentive Compensation Plan, subject to the satisfaction of specified performance criteria. The reported amount reflects the number of PSUs earned by the reporting person on February 24, 2025, following certification by the Compensation Committee of the Issuer's Board of Directors of the satisfaction of specified performance criteria. The PSUs fully vested on February 24, 2025.
F2 Represents the withholding of shares to cover tax withholding obligations associated with the vesting and settlement of PSUs granted pursuant to Issuer's 2011 Incentive Compensation Plan.