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IROBOT CORP — Director's Dealing 2011
Apr 4, 2011
34139_dirs_2011-04-04_7f696957-15d5-4d47-8410-05f96043bbdd.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: IROBOT CORP (IRBT)
CIK: 0001159167
Period of Report: 2011-04-01
Reporting Person: LEAHY JOHN J (EVP, CFO & Treasurer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-04-01 | Common Stock | M | 31250 | $14.05 | Acquired | 100206 | Direct |
| 2011-04-01 | Common Stock | S | 31250 | $33.178 | Disposed | 68956 | Direct |
| 2011-04-01 | Common Stock | A | 9300 | $0.00 | Acquired | 78256 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-04-01 | Employee Stock Option (Right to Buy) | $14.05 | M | 31250 | Disposed | 2015-06-27 | Common Stock (31250) | Direct |
| 2011-04-01 | Employee Stock Option (Right to Buy) | $33.48 | A | 18425 | Acquired | 2018-04-01 | Common Stock (18425) | Direct |
Footnotes
F1: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 14, 2011.
F2: The range of prices for the transaction reported on this line was $33.00 to $33.40. The average weighted price was $33.1780. The reporting person will provide, upon request by the SEC, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F3: Consists of a restricted stock unit award made pursuant to the iRobot Corporation 2005 Stock Option and Incentive Plan. The restricted stock units vest over a four-year period, at a rate of twenty-five percent (25%) on each anniversary of the grant. Vested shares will be delivered to the reporting person as soon as practicable following each vesting date, but in no event later than 30 days after each such vesting date.
F4: This option vests over a four-year period, at a rate of twenty-five percent (25%) on the date listed in the table, and quarterly thereafter.
F5: This option vests over four-year period, at a rate of twenty-five percent (25%) on the first anniversary of the grant, and quarterly thereafter.