4//SEC Filing
IXIA 4
Accession 0001120295-17-000026
CIK 0001120295operating
Filed
Mar 7, 7:00 PM ET
Accepted
Mar 8, 6:23 PM ET
Size
17.8 KB
Accession
0001120295-17-000026
Insider Transaction Report
Form 4
IXIAXXIA
Williams Christopher Lee
Vice President Human Resources
Transactions
- Sale
Common Stock
2017-03-08$19.51/sh−4,152$80,996→ 44,842 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2017-03-06$8.88/sh−13,437$119,321→ 0 totalExercise: $8.88Exp: 2017-03-12→ Common Stock (13,437 underlying) - Sale
Common Stock
2017-03-06$19.57/sh−13,437$263,029→ 26,794 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2017-03-06$8.88/sh−40,000$355,200→ 0 totalExercise: $8.88Exp: 2017-03-12→ Common Stock (40,000 underlying) - Exercise/Conversion
Common Stock
2017-03-06$8.88/sh+40,000$355,200→ 66,794 total - Award
Common Stock
2017-03-06+22,200→ 48,994 total - Exercise/Conversion
Common Stock
2017-03-06$8.88/sh+13,437$119,321→ 40,231 total - Sale
Common Stock
2017-03-06$19.57/sh−40,000$783,000→ 26,794 total
Footnotes (5)
- [F1]Includes 1,298 shares acquired under the Ixia Employee Stock Purchase Plan on October 31, 2016.
- [F2]On February 27, 2015, the Reporting Person was granted a target number of 14,800 performance-based Restricted Stock Units ("RSUs"). Up to 150% of the RSUs could become earned and eligible for vesting, based on the extent to which Ixia achieved a financial performance goal (established for purposes of the RSUs) for the Company's combined 2015 and 2016 fiscal years. On March 6, 2017, 150% of such RSUs became earned and eligible for vesting. 11,100 RSUs vested on March 6, 2017, and the remaining 11,100 RSUs will vest in eight equal quarterly installments, with the first installment vesting on May 15, 2017 and one additional installment vesting on the fifteenth day of the second calendar month of each calendar quarter thereafter. Each RSU represents the right to receive one share of Ixia Common Stock to be issued and delivered on or within five business days following the applicable vesting date.
- [F3]Represents shares sold to cover tax withholding obligations upon the vesting of restricted stock units.
- [F4]Option to purchase 40,000 shares vested and became exercisable as to sixteen quarterly installments commencing on 06/30/2010.
- [F5]Option to purchase 40,000 shares vested and became exercisable as to 20,00 shares on 03/16/2012, and the remaining shares vested and became exercisable in 8 equal quarterly installments thereafter, commencing on 06/30/2012.
Documents
Issuer
IXIA
CIK 0001120295
Entity typeoperating
IncorporatedCA
Related Parties
1- filerCIK 0001120295
Filing Metadata
- Form type
- 4
- Filed
- Mar 7, 7:00 PM ET
- Accepted
- Mar 8, 6:23 PM ET
- Size
- 17.8 KB