RUMER MARK 4
4 · OCCAM NETWORKS INC/DE · Filed Jun 14, 2010
Insider Transaction Report
Form 4
RUMER MARK
Chief Technology Officer
Transactions
- Tax Payment
Common Stock
2010-06-10$6.56/sh−917$6,016→ 105,730 total - Exercise/Conversion
Common Stock
2010-06-10+2,500→ 106,647 total - Exercise/Conversion
Restricted Stock Units
2010-06-10−2,500→ 10,000 total→ Common Stock (2,500 underlying)
Footnotes (3)
- [F1]Represents the shares issued for restricted stock units which vested on Thursday June 10, 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 vested 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.