Colin John Dickinson - 15 Sep 2022 Form 4 Insider Report for INTEVAC INC

Role
V.P. of Operations
Signature
By: Diane Garibaldi For: Colin Dickinson
Issuer symbol
N/A
Transactions as of
15 Sep 2022
Net transactions value
-$18,896
Form type
4
Filing time
29 Dec 2022, 12:49:56 UTC
Next filing
14 Nov 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IVAC Common Stock Award $0 +50,000 $0.000000 50,000 15 Sep 2022 Direct F1
transaction IVAC Common Stock Award $0 +8,260 +17% $0.000000 58,260 15 Sep 2022 Direct F2
transaction IVAC Common Stock Tax liability $18,896 -2,971 -5.1% $6.36 55,289 28 Dec 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These are restricted stock units awarded to the Reporting Person and each restricted stock unit represents a contingent right to receive one share of IVAC common stock. The restricted stock units vest in three equal installments upon the Reporting Person's completion of each year of service over the three-year period measured from the vesting commencement date.
F2 The shares subject to this performance award become eligible to vest upon achievement of certain stock price targets during the performance period of this award, which is defined as the period beginning on the date of award grant and ending on May 31, 2025.