Nigel Hunton - May 15, 2024 Form 4 Insider Report for INTEVAC INC (IVAC)

Role
President and CEO, Director
Signature
By: Diane Garibaldi For: Nigel Hunton
Stock symbol
IVAC
Transactions as of
May 15, 2024
Transactions value $
-$49,875
Form type
4
Date filed
5/16/2024, 07:03 PM
Previous filing
Feb 2, 2024
Next filing
Aug 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IVAC Common Stock Tax liability -$49.9K -12.4K -3.42% $4.03 349K May 15, 2024 Direct
transaction IVAC Common Stock Award $0 +87K +24.93% $0.00 436K May 16, 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of IVAC common stock is represented by a restricted stock unit ("RSU"). The RSUs will fully vest in 3-years with 33% of the shares subject to the award vesting on the first year anniversary of the vesting commencement date and 8.375% of the shares subject to the award vesting quarterly in year 2 and year 3.