IXIA 4
4 · IXIA · Filed May 24, 2005
Insider Transaction Report
Form 4
IXIAXXIA
BASS ROBERT W
Executive V.P., Operations
Transactions
- Sale
Common Stock
2005-05-20$17.52/sh−10,000$175,203→ 6,049 total - Exercise/Conversion
Common Stock
2005-05-24$5.18/sh+10,000$51,800→ 16,049 total - Exercise/Conversion
Employee Stock Option (right to buy)
2005-05-24−10,000→ 177,780 totalExercise: $5.18Exp: 2009-03-31→ Common Stock (10,000 underlying) - Exercise/Conversion
Employee Stock Option (right to buy)
2005-05-20−5,000→ 72,220 totalExercise: $5.18Exp: 2009-03-31→ Common Stock (5,000 underlying) - Exercise/Conversion
Common Stock
2005-05-20$5.18/sh+5,000$25,900→ 11,049 total - Sale
Common Stock
2005-05-24$17.49/sh−10,000$174,900→ 6,049 total
Footnotes (3)
- [F1]Includes 1,973 shares acquired under the Ixia Employee Stock Purchase Plan on 04/29/2005.
- [F2]Option to purchase 77,220 shares vests and becomes exercisable cumulatively as to 19,305 shares on each of 03/10/04, 03/31/05, 03/31/06 and 03/31/07. Option is exercisable as to each installment of vested shares for a period of two years following the vesting date.
- [F3]Option to purchase 272,780 shares vests and becomes exercisable cumulatively as to 68,195 shares on 3/10/04; as to 21,875 shares on each of 6/30/04, 9/30/04 and 12/31/04; as to 2,570 shares on 3/31/05; as to 21,875 shares on each of 6/30/05, 9/30/05 and 12/31/05; as to 2,570 shares on 3/31/06; as to 21,875 shares on each of 6/30/06, 9/30/06 and 12/31/06; and as to 2,570 shares on 3/31/07. Option is exercisable as to each installment of vested shares for a period of two years following the vesting date.