VENKATESH GOPAL 4
4 · IKANOS COMMUNICATIONS · Filed Mar 21, 2006
Insider Transaction Report
Form 4
VENKATESH GOPAL
Director
Transactions
- Sale
Common Stock
2006-03-17$20.75/sh−3,333$69,160→ 10,000 total(indirect: By LLC) - Exercise/Conversion
Common Stock
2006-03-17$0.48/sh+42,500$20,400→ 42,500 total - Sale
Common Stock
2006-03-17$20.75/sh−42,500$881,875→ 0 total - Sale
Common Stock
2006-03-17$20.75/sh−16,413$340,570→ 39,436 total(indirect: By Trust) - Exercise/Conversion
Director Stock Option (Right to Buy)
2006-03-17−42,500→ 127,500 totalExercise: $0.48Exp: 2013-08-21→ Common Stock (42,500 underlying)
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 August 21, 2003, the Reporting Person was granted an option to purchase 170,000 shares of Common Stock, of which 42,500 have been exercised. The option is fully exercisable from the date of grant and vests at the rate of 1/48th of the shares on March 1, 2003 and each one month anniversary thereafter.