PHI TRAM T (Senior VP & General Counsel) exercised options at IMPERVA INC

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 4 exercises

PHI TRAM T

Filed: 1/11/2019ACC: 0001209191-19-003477

InsiderPHI TRAM TCIK 1424551

→

IssuerIMPERVA INCCIK 1364962

Officer· Senior VP & General Counsel

Since Aug 2018

-157.89K

Net shares

Net seller

$588.0K

Total acquired

Open market trades

0B · 0S

Total transactions

60.83K acquired · 218.72K disposed

Non-Derivative Transactions5

Common Stock

Direct

M · Option Exercise

+11.80K

Price / share

—

Trade value

—

% of position

31.2%

1/9/2019

37.78K→49.58K

Common Stock

Direct

M · Option Exercise

+2.24K

Price / share

$54.66

Trade value

$122.27K

% of position

4.5%

1/10/2019

49.58K→51.82K

Common Stock

Direct

M · Option Exercise

+31.16K

Price / share

$10.70

Trade value

$333.41K

% of position

60.1%

1/10/2019

51.82K→82.98K

Common Stock

Direct

M · Option Exercise

+3.83K

Price / share

$34.55

Trade value

$132.36K

% of position

4.6%

1/10/2019

82.98K→86.81K

Common Stock

Direct

D · Disposition

−86.81K

Price / share

—

Trade value

—

% of position

New position

1/10/2019

86.81K→0.00

Total

Net shares

−37.78K

Net value

$588.05K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	1/9/2019	M · Option Exercise	+11.80K	—	—	31.2%	37.78K	49.58K
Common Stock Direct	1/10/2019	M · Option Exercise	+2.24K	$54.66	$122.27K	4.5%	49.58K	51.82K
Common Stock Direct	1/10/2019	M · Option Exercise	+31.16K	$10.70	$333.41K	60.1%	51.82K	82.98K
Common Stock Direct	1/10/2019	M · Option Exercise	+3.83K	$34.55	$132.36K	4.6%	82.98K	86.81K
Common Stock Direct	1/10/2019	D · Disposition	−86.81K	—	—	New position	86.81K	0.00
Total			−37.78K		$588.05K

Derivative Transactions15

Restricted Stock Units

Direct

A · Award

Converts to

Common Stock

11.80K shares

+11.80K

Strike price

Held after

11.80K

Exercisable

—

1/9/2019

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

11.80K shares

−11.80K

Strike price

Held after

0.00

Exercisable

—

1/9/2019

Restricted Stock Units

Direct

D · Disposition

Converts to

Common Stock

3.41K shares

−3.41K

Strike price

Held after

0.00

Exercisable

—

1/10/2019

Restricted Stock Units

Direct

D · Disposition

Converts to

Common Stock

4.89K shares

−4.89K

Strike price

Held after

0.00

Exercisable

—

1/10/2019

Restricted Stock Units

Direct

D · Disposition

Converts to

Common Stock

2.54K shares

−2.54K

Strike price

Held after

0.00

Exercisable

—

1/10/2019

Restricted Stock Units

Direct

D · Disposition

Converts to

Common Stock

2.19K shares

−2.19K

Strike price

Held after

0.00

Exercisable

—

1/10/2019

Restricted Stock Units

Direct

D · Disposition

Converts to

Common Stock

1.28K shares

−1.28K

Strike price

Held after

0.00

Exercisable

—

1/10/2019

Restricted Stock Units

Direct

D · Disposition

Converts to

Common Stock

10K shares

−10K

Strike price

Held after

0.00

Exercisable

—

1/10/2019

Restricted Stock Units

Direct

D · Disposition

Converts to

Common Stock

5.83K shares

−5.83K

Strike price

Held after

0.00

Exercisable

—

1/10/2019

Employee Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

2.24K shares

−2.24K

Strike price

54.66

Held after

13.76K

Exercisable

—

1/10/2019

Employee Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

31.16K shares

−31.16K

Strike price

10.70

Held after

27.81K

Exercisable

—

1/10/2019

Employee Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

3.83K shares

−3.83K

Strike price

34.55

Held after

11.17K

Exercisable

—

1/10/2019

Employee Stock Option (right to buy)

Direct

D · Disposition

Converts to

Common Stock

13.76K shares

−13.76K

Strike price

54.66

Held after

0.00

Exercisable

—

1/10/2019

Employee Stock Option (right to buy)

Direct

D · Disposition

Converts to

Common Stock

27.81K shares

−27.81K

Strike price

10.70

Held after

0.00

Exercisable

—

1/10/2019

Employee Stock Option (right to buy)

Direct

D · Disposition

Converts to

Common Stock

11.17K shares

−11.17K

Strike price

34.55

Held after

0.00

Exercisable

—

1/10/2019

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Restricted Stock Units Direct	Common Stock11.80K shares	1/9/2019	A · Award	+11.80K		—	11.80K
Restricted Stock Units Direct	Common Stock11.80K shares	1/9/2019	M · Option Exercise	−11.80K		—	0.00
Restricted Stock Units Direct	Common Stock3.41K shares	1/10/2019	D · Disposition	−3.41K		—	0.00
Restricted Stock Units Direct	Common Stock4.89K shares	1/10/2019	D · Disposition	−4.89K		—	0.00
Restricted Stock Units Direct	Common Stock2.54K shares	1/10/2019	D · Disposition	−2.54K		—	0.00
Restricted Stock Units Direct	Common Stock2.19K shares	1/10/2019	D · Disposition	−2.19K		—	0.00
Restricted Stock Units Direct	Common Stock1.28K shares	1/10/2019	D · Disposition	−1.28K		—	0.00
Restricted Stock Units Direct	Common Stock10K shares	1/10/2019	D · Disposition	−10K		—	0.00
Restricted Stock Units Direct	Common Stock5.83K shares	1/10/2019	D · Disposition	−5.83K		—	0.00
Employee Stock Option (right to buy) Direct	Common Stock2.24K shares	1/10/2019	M · Option Exercise	−2.24K	54.66	—	13.76K
Employee Stock Option (right to buy) Direct	Common Stock31.16K shares	1/10/2019	M · Option Exercise	−31.16K	10.70	—	27.81K
Employee Stock Option (right to buy) Direct	Common Stock3.83K shares	1/10/2019	M · Option Exercise	−3.83K	34.55	—	11.17K
Employee Stock Option (right to buy) Direct	Common Stock13.76K shares	1/10/2019	D · Disposition	−13.76K	54.66	—	0.00
Employee Stock Option (right to buy) Direct	Common Stock27.81K shares	1/10/2019	D · Disposition	−27.81K	10.70	—	0.00
Employee Stock Option (right to buy) Direct	Common Stock11.17K shares	1/10/2019	D · Disposition	−11.17K	34.55	—	0.00