Seeley Jeanne 4
4 · OCCAM NETWORKS INC/DE · Filed Jun 1, 2010
Insider Transaction Report
Form 4
Seeley Jeanne
Senior Vice President & CFO
Transactions
- Tax Payment
Common Stock
2010-05-28$6.29/sh−4,280$26,921→ 26,171 total - Exercise/Conversion
Common Stock
2010-05-28+7,387→ 26,171 total - Exercise/Conversion
Restricted Stock Units
2010-05-28−11,667→ 11,667 total→ Common Stock (11,667 underlying)
Footnotes (3)
- [F1]Represents the shares issued for restricted stock units which vested on May 28, 2010.
- [F2]Represents the shares to satisfy tax withholding upon the vesting of restricted stock units.
- [F3]Each restricted stock unit represents a contingent right to receive one share of Occam Networks, Inc. Common Stock. The restricted stock units vest as follows: 1/6th vested on the six month anniversary of the date of grant, 1/6th will vest on the first anniversary of the date of grant, 1/3rd will vest on the second anniversary of the date of grant, and 1/3rd will vest on the third anniversary of the date of grant.