Intevac director just picked up 124,153 shares


Matthew A Drapkin, a director of Intevac, recently acquired 124,153 shares of the company. The buys took place at prices ranging from $6.65 to $6.68 per share, on dates ranging from August 14 to August 15, 2014. Drapkin now owns 2,006,648 shares of the company. Drapkin operates out of Dallas, TX. Some additional info was provided as follows:

Represents common stock ("Common Stock"), par value $0.001 per share, of Intevac, Inc. (the "Issuer"). Represents Common Stock directly beneficially owned by Becker Drapkin Partners (QP), L.P. ("Becker Drapkin QP") (1,465,505 shares), Becker Drapkin Partners, L.P. ("Becker Drapkin, L.P.") (235,344 shares) and Common Stock directly held by a managed account on behalf of an investment advisory client (the "Managed Account") of Beck er Drapkin Management, L.P. ("BD Management") (305,799 shares). (continued in Footnote 3). Mr. Drapkin may be deemed to beneficially own such Common Stock as he is a co-managing member of BC Advisors, LLC, which is the general partner of BD Management (of which Mr. Drapkin is a limited partner), and BD Management is the general partner of, and investment manager for, each of Becker Drapkin QP and Becker Drapkin, L.P, and the investment manager of the Managed Account. Mr. Drapkin disclaims beneficial ownership in such Common Stock except to the extent of his pecuniary interest therein.

The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.

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