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4//SEC Filing

KENNARD PAUL 4

Accession 0000929638-09-001574

CIK 0001377789other
View on SEC.govCompany Profile

Filed

Nov 15, 7:00 PM ET

Accepted

Nov 16, 5:47 PM ET

Size

11.0 KB

Accession

0000929638-09-001574

Insider Transaction Report

Form 4
Period: 2009-11-12
Harris Stratex Networks, Inc.HSTX
KENNARD PAUL
SVP, Chief Technology Officer
Transactions
  • Award

    Class A Common Stock

    2009-11-12+18,333→ 82,028 total
  • Award

    Class A Common Stock

    2009-11-12+18,333→ 100,361 total
  • Award

    Non-Qualified Stock Option (right to buy)

    2009-11-12+36,789→ 212,039 total
    Exercise: $6.00Exp: 2016-11-12→ Class A Common Stock (36,789 underlying)
Holdings

  • Class A Common Stock

    (indirect: By Daughter)
    825

  • Class A Common Stock

    (indirect: By Son)
    825
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: 50% on November 12, 2010, 25% on November 12, 2011 and 25% on November 12, 2012.

Documents

1 file

Issuer

Harris Stratex Networks, Inc.

CIK 0001377789

→
Entity typeother

Related Parties

1
  • filerCIK 0001188094

Filing Metadata

Form type
4
Filed
Nov 15, 7:00 PM ET
Accepted
Nov 16, 5:47 PM ET
Size
11.0 KB
View on SEC.gov