IXIA 4
4 · IXIA · Filed Jun 7, 2016
Insider Transaction Report
Form 4
IXIAXXIA
FRAM JONATHAN
Director
Transactions
- Award
Common Stock
2016-06-03+9,709→ 62,788 total - Award
Stock Option (right to buy)
2016-06-03+15,000→ 15,000 totalExercise: $10.30Exp: 2023-06-02→ Common Stock (15,000 underlying)
Footnotes (2)
- [F1]Restricted Stock Units shall vest in four substantially equal installments on each of 08/15/16, 11/15/16, 02/15/17 and 05/15/17 provided, however, that if Ixia's 2017 Annual Meeting of Shareholders is held prior to 05/15/17, the final installment will vest at close of business on the business day immediately preceding the date of such Meeting.
- [F2]Option to purchase 15,000 shares vests and becomes exercisable in four equal installments of 3,750 shares on each of 08/15/16, 11/15/16, 02/15/17 and 05/15/17 provided, however, that if Ixia's 2017 Annual Meeting of Shareholders is held prior to 05/15/17, the final installment will vest at close of business on the business day immediately preceding the date of such Meeting.