Colin John Dickinson - 15 Aug 2023 Form 4 Insider Report for INTEVAC INC

Reporting relationship: Chief Operating Officer
Issuer ticker: N/A
Reported as of: 15 Aug 2023
Net transaction value: -$18,208
SEC form: 4
Accepted by SEC: 01 Apr 2025, 16:38:18 UTC
Prior SEC filing: 19 May 2023
Next SEC filing: 16 May 2024
Source filing: View source filing
Reporting owner signature: By: Diane Garibaldi For: Colin Dickinson

Key filing fact

Colin John Dickinson filed Form 4 for INTEVAC INC on 01 Apr 2025.

Key facts

This page summarizes Colin John Dickinson's Form 4 filing for INTEVAC INC.
5 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 01 Apr 2025, 16:38.

Change

Previous filing in this sequence was filed on 19 May 2023.
Current net transaction value: -$18,208.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

IVAC transaction

Common Stock

Tax liability

Transaction value: $18,208
Shares: -5,158
Change %: -3.1%
Price: $3.53
Shares after: 163,682
Date: 15 Aug 2023
Ownership: Direct
Footnotes: F1, F2

IVAC transaction

Common Stock

Disposition pursuant to a tender of shares in a change of control transaction

Transaction value
Shares: -50,101
Change %: -31%
Price
Shares after: 113,581
Date: 31 Mar 2025
Ownership: Direct
Footnotes: F3

IVAC transaction

Common Stock

Disposed to Issuer

Transaction value
Shares: -113,581
Change %: -100%
Price
Shares after: 0
Date: 31 Mar 2025
Ownership: Direct
Footnotes: F4

IVAC transaction

Common Stock

Award

Transaction value: $0
Shares: +95,650
Change %
Price: $0.000000
Shares after: 95,650
Date: 31 Mar 2025
Ownership: Direct
Footnotes: F5

IVAC transaction

Common Stock

Disposed to Issuer

Transaction value
Shares: -95,650
Change %: -100%
Price
Shares after: 0
Date: 31 Mar 2025
Ownership: Direct
Footnotes: F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Colin John Dickinson is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 5 footnotes

Footnote F1

The reported shares were withheld to cover the reporting person's tax liability in connection with the vesting of restricted stock units.

Footnote F2

Includes 241 shares acquired under the Issuer's Employee Stock Purchase Plan on March 24, 2025.

Footnote F3

Pursuant to the terms of that certain Agreement and Plan of Merger (the "Merger Agreement"), by and among Seagate Technology Holdings plc, the Issuer and Irvine Acquisition Holdings, Inc., dated as of February 13, 2025, the reported securities were tendered prior to the Expiration Date (as defined in the Merger Agreement) and disposed of at the Offer Acceptance Time (as defined in the Merger Agreement) in exchange for $4.00 per share, payable in cash at closing, without interest and subject to reduction for any applicable withholding of taxes (the "Offer Consideration").

Footnote F4

At the Effective Time (as defined in the Merger Agreement), pursuant to the Merger Agreement, each restricted stock unit of the Issuer that vested based solely on the continued performance of services and performance metrics (each, a "Company RSU") then outstanding, whether or not vested, was cancelled in exchange for a cash payment equal to (x) the total numbers of shares subject to such Company RSU immediately prior to the Effective Time (without regard to vesting) multiplied by (y) the Offer Consideration.

Footnote F5

Immediately prior to the Effective Time, pursuant to the Merger Agreement, (A) each restricted stock unit of the Issuer that vested based solely on the continued performance of services and the achievement of performance metrics (each a "Company PRSU") granted during calendar year 2022 that was then outstanding was cancelled and the holder thereof received an amount in cash equal to the product of (x) 25% of the "Number of RSUs Subject to Award" listed in the applicable award agreement multiplied by (y) the Offer Consideration and (B) each Company PRSU granted during calendar year 2025 that was then outstanding was cancelled and the holder thereof was entitled to an amount in cash equal to the product of (x) the "Target PRSUs" listed in the applicable award agreement multiplied by (y) the Offer Consideration.