GRUMLOSE DEAN 4
4 · IKANOS COMMUNICATIONS · Filed Mar 21, 2006
Insider Transaction Report
Form 4
GRUMLOSE DEAN
Vice President of Marketing
Transactions
- Sale
Common Stock
2006-03-17$20.75/sh−36,924$766,173→ 0 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2006-03-17−36,924→ 113,076 totalExercise: $3.84Exp: 2015-03-15→ Common Stock (36,924 underlying) - Exercise/Conversion
Common Stock
2006-03-17$3.84/sh+36,924$141,788→ 36,924 total
Footnotes (2)
- [F1]The shares were sold to the underwriters of the Issuer's secondary offering at a per share price of $19.7125. Such shares were then sold to the public by the underwriters at a per share price of $20.75.
- [F2]On March 15, 2005, the Reporting Person was granted an option to purchase 150,000 shares of Common Stock, of which 36,924 shares have been exercised. The option is fully exercisable from the date of grant and vests at the rate of 1/4th of the shares on January 31, 2006 and as to 1/48th of the shares on each one month anniversary thereafter.