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NVIDIA CORP — Director's Dealing 2017
Mar 10, 2017
29733_dirs_2017-03-10_29c43d16-f473-4dbd-bcd4-55176ce40d50.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: NVIDIA CORP (NVDA)
CIK: 0001045810
Period of Report: 2017-03-08
Reporting Person: Puri Ajay K (EVP, Worldwide Field Ops)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-03-08 | Common Stock | A | 6250 | — | Acquired | 534671 | Direct |
| 2017-03-08 | Common Stock | A | 40000 | — | Acquired | 574671 | Direct |
| 2017-03-08 | Common Stock | A | 4000 | — | Acquired | 579830 | Direct |
Footnotes
F1: The restricted stock unit shall vest as to 25% of the shares on March 21, 2018 and 6.25% of the shares every three months thereafter, such that the shares are fully vested on approximately the four (4) year anniversary of the date of grant.
F2: The shares represent restricted stock units that were received as an award, for no consideration.
F3: Represents the stretch operating plan number of shares that will be earned, if at all, based on the achievement of a pre-established performance goal during the Issuer's fiscal year ending January 28, 2018. Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock. The stretch operating plan number represents 200% of the target compensation plan payout of 20,000 shares. If the pre-established performance goal is achieved, the shares earned will vest as to 25% on March 21, 2018 and as to 6.25% of the shares every three months thereafter, such that the shares are fully vested on approximately the four (4) year anniversary of the date of grant.
F4: Represents the stretch operating plan number of shares that will be earned, if at all, based on the Issuer's relative shareholder return from January 30, 2017 through January 26, 2020. Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock. The stretch operating plan number represents 200% of the target compensation plan payout of 2,000 shares. If a pre-established threshold is achieved, the shares earned will vest as to 100% on March 18, 2020, such that the shares are fully vested on approximately the three (3) year anniversary of the date of grant.
F5: Includes 1,159 shares purchased pursuant to the Issuer's Employee Stock Purchase Plan on February 28, 2017.