VENKATESH GOPAL 4
4 · IKANOS COMMUNICATIONS · Filed Jun 15, 2006
Insider Transaction Report
Form 4
VENKATESH GOPAL
Director
Transactions
- Other
Director Stock Option (Right to Buy)
2006-06-09−63,750→ 63,750 totalExercise: $0.48Exp: 2013-08-21→ Common Stock (63,750 underlying) - Award
Director Stock Option (Right to Buy)
2006-06-13+12,000→ 12,000 totalExercise: $13.46Exp: 2016-06-13→ Common Stock (12,000 underlying)
Footnotes (3)
- [F1]The reported transaction involves the transfer of 63,750 shares to the Reporting Person's ex-wife pursuant to a domestic relations order. The Reporting Person no longer reports as beneficially owning any securities owned by his ex-wife.
- [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.
- [F3]The option becomes exercisable at the rate of 1/12th of the shares each month following the date of grant.