Home/Filings/4/0000929638-09-001555
4//SEC Filing

Braun Harald J 4

Accession 0000929638-09-001555

CIK 0001377789other

Filed

Nov 15, 7:00 PM ET

Accepted

Nov 16, 2:19 PM ET

Size

9.8 KB

Accession

0000929638-09-001555

Insider Transaction Report

Form 4
Period: 2009-11-12
Braun Harald J
DirectorPresident and CEO
Transactions
  • Award

    Class A Common Stock

    2009-11-12+77,778283,469 total
  • Award

    Non-Qualified Stock Option (right to buy)

    2009-11-12+156,076381,562 total
    Exercise: $6.00Exp: 2016-11-12Class A Common Stock (156,076 underlying)
  • Award

    Class A Common Stock

    2009-11-12+77,778205,691 total
Footnotes (3)
  • [F1]Performance shares, which are subject to vesting. Vesting requires both (a) continuing employment with the Corporation through the end of the Corporation's fiscal year 2012 (approximately June 30, 2012), and (b) achievement of at least the minimum cumulative performance result for the three-year period set forth in the Specific Terms and Conditions. Unvested performance shares are subject to repurchase by the Corporation at $0.01 per share if eligible employment ends or, following the determination of actual Corporation performance versus metrics, to the extent such performance shares do not vest.
  • [F2]Restricted stocks, which are subject to vesting. Vesting requires continuing employment with the Corporation as of the vesting dates. Restricted shares will vest as follows: 33.3% on November 12, 2010, 33.3% on November 12, 2011 and 33.3% on November 12, 2012. Unvested shares are subject to repurchase by the Corporation at $0.01 per share if eligible employment ends before the vesting date.
  • [F3]Stock options to purchase shares become exercisable if employment with the Corporation continues through the vesting dates. The options will vest as follows: 33% on November 12, 2010, and monthly vesting thereafter for the remainder of the options over the following two years, such that the option is fully-vested on third anniversary of grant date, November 12, 2012.

Documents

1 file

Issuer

Harris Stratex Networks, Inc.

CIK 0001377789

Entity typeother

Related Parties

1
  • filerCIK 0001432148

Filing Metadata

Form type
4
Filed
Nov 15, 7:00 PM ET
Accepted
Nov 16, 2:19 PM ET
Size
9.8 KB