James Moniz - Feb 8, 2022 Form 4 Insider Report for INTEVAC INC (IVAC)

Role
Chief Financial Officer,
Signature
By: Diane Garibaldi For: James Moniz
Stock symbol
IVAC
Transactions as of
Feb 8, 2022
Transactions value $
-$169,800
Form type
4
Date filed
2/10/2022, 03:20 PM
Previous filing
Jan 20, 2022
Next filing
May 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IVAC Common Stock Options Exercise $15.4K +2.85K +1.44% $5.42 200K Feb 8, 2022 Direct
transaction IVAC Common Stock Sale -$15.8K -2.85K -1.42% $5.54 197K Feb 8, 2022 Direct
transaction IVAC Common Stock Options Exercise $147K +27.2K +13.76% $5.42 224K Feb 9, 2022 Direct
transaction IVAC Common Stock Sale -$150K -27.2K -12.09% $5.54 197K Feb 9, 2022 Direct
holding IVAC Common Stock 10K Feb 8, 2022 by Trust

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction IVAC Non-Qualified Stock Option (right to buy) Options Exercise -$15.8K -2.85K -9.5% $5.54 27.2K Feb 8, 2022 Common Stock 2.85K $5.42 Direct F1, F2
transaction IVAC Non-Qualified Stock Option (right to buy) Options Exercise -$150K -27.2K -100% $5.54 0 Feb 9, 2022 Common Stock 27.2K $5.42 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options that were exercised and the sales that are reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on 11/3/2020
F2 The option will vest and become exercisable in three equal installments upon the Reporting Person's completion of each year of service over the three-year period measured from the grant date.