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4//SEC Filing

Wagenseller David 4

Accession 0000752431-11-000009

CIK 0000752431other

Filed

Feb 6, 7:00 PM ET

Accepted

Feb 7, 6:00 PM ET

Size

11.9 KB

Accession

0000752431-11-000009

Insider Transaction Report

Form 4
Period: 2011-02-05
Transactions
  • Disposition to Issuer

    Common Stock

    2011-02-05$4.00/sh17$6845,926 total
  • Disposition to Issuer

    Common Stock

    2011-02-05$4.00/sh41$16445,870 total
  • Award

    Common Stock

    2011-02-07+1,40646,474 total
  • Disposition to Issuer

    Common Stock

    2011-02-05$4.00/sh15$6045,911 total
  • Disposition to Issuer

    Common Stock

    2011-02-05$4.00/sh802$3,20845,068 total
  • Disposition to Issuer

    Common Stock

    2011-02-07$4.00/sh586$2,34445,888 total
Footnotes (3)
  • [F1]Shares represent the tax liability for the release of the vested portion of the restricted stock award.
  • [F2]Restricted Stock Units granted pursuant to Issuer's 2008 Equity Incentive Plan. 100% of the shares subject to the Restricted Stock Units will vest on February 7, 2011. Vested shares will be delivered to the reporting person on the vesting date.
  • [F3]Represents shares of common stock withheld for tax purposes upon the vesting of restricted stock units.

Issuer

NETWORK EQUIPMENT TECHNOLOGIES INC

CIK 0000752431

Entity typeother

Related Parties

1
  • filerCIK 0001477145

Filing Metadata

Form type
4
Filed
Feb 6, 7:00 PM ET
Accepted
Feb 7, 6:00 PM ET
Size
11.9 KB