Sec Form 3 Filing - Saeger Timothy @ IROBOT CORP - 2019-09-06

Insider filing report for Changes in Beneficial Ownership
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FORM 3
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Saeger Timothy
2. Issuer Name and Ticker or Trading Symbol
IROBOT CORP [ IRBT]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
EVP Engineering
(Last) (First) (Middle)
C/O IROBOT CORPORATION, 8 CROSBY DRIVE
3. Date of Earliest Transaction (MM/DD/YY)
09/06/2019
(Street)
BEDFORD, MA01730
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 19,673 ( 1 ) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy) $ 29.6 ( 2 ) 09/04/2022 Common Stock 18,350 D
Employee Stock Option (Right to Buy) $ 33.14 ( 3 ) 03/11/2023 Common Stock 1,202 D
Employee Stock Option (Right to Buy) $ 37.62 ( 4 ) 06/10/2023 Common Stock 1,246 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Saeger Timothy
C/O IROBOT CORPORATION
8 CROSBY DRIVE
BEDFORD, MA01730
EVP Engineering
Signatures
/s/ Glen D. Weinstein, Attorney-in-Fact 09/09/2019
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Includes 9,327 restricted stock units granted pursuant to the iRobot Corporation 2015 Stock Option and Incentive Plan. 1,333 of the restricted stock units will vest on March 11, 2020. 4,137 of the restricted stock units will vest in equal installments on March 10, 2020 and 2021, respectively. 3,857 of the restricted stock units will vest in equal installments on March 9, 2020, 2021 and 2022, respectively. Includes 5,452 restricted stock units granted pursuant to the iRobot Corporation 2018 Stock Option and Incentive Plan, which vest over a four-year period, at a rate of twenty-five percent (25%) on each anniversary of the grant date (March 8, 2019). 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 such vesting date.
( 2 )This option is currently exercisable.
( 3 )The option to buy 481 shares is currently exercisable. The option to buy 721 shares will vest in three equal installments on September 11, 2019, December 11, 2019 and March 11, 2020, respectively.
( 4 )The option to buy 415 shares is currently exercisable. The option to buy 831 shares will vest in four equal installments on September 10, 2019, December 10, 2019, March 10, 2020 and June 10, 2020, respectively.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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