4//SEC Filing
Mincey Russell 4
Accession 0001140361-10-045736
CIK 0001377789other
Filed
Nov 14, 7:00 PM ET
Accepted
Nov 15, 4:38 PM ET
Size
10.2 KB
Accession
0001140361-10-045736
Insider Transaction Report
Form 4
Mincey Russell
Interim PFO/PAO
Transactions
- Award
Common Stock
2010-11-11+13,750→ 30,264 total - Award
Common Stock
2010-11-11+13,750→ 44,014 total - Award
Non-Qualified Stock Option (right to buy)
2010-11-11+27,500→ 49,036 totalExercise: $4.36Exp: 2017-11-11→ Common Stock (27,500 underlying)
Footnotes (3)
- [F1]Performance shares, which are subject to vesting. Vesting requires both (a) continuing employment with the Corporation through the end of the Corporation's fiscal year 2013 (approximately June 30, 2013), and (b) achievement of at least the minimum cumulative performance result for the three-year period set forth in the Specific Terms and Conditions. Unvested performance shares are subject to repurchase by the Corporation at $0.01 per share if eligible employment ends or, following the determination of actual Corporation performance versus metrics, to the extent such performance shares do not vest.
- [F2]Restricted shares, which are subject to vesting. Vesting requires continuing employment with the Corporation as of the vesting dates. Restricted shares will vest as follows: 33.3% on November 11, 2011, 33.3% on November 11, 2012 and 33.3% on November 11, 2013. Unvested shares are subject to repurchase by the Corporation at $0.01 per share if eligible employment ends before the vesting date.
- [F3]Stock options to purchase shares become exercisable if employment with the Corporation continues through the vesting dates. The options will vest as follows: 50% on November 11, 2011, 25% on November 11, 2012 and 25% on November 11, 2013.
Documents
Issuer
AVIAT NETWORKS, INC.
CIK 0001377789
Entity typeother
Related Parties
1- filerCIK 0001456669
Filing Metadata
- Form type
- 4
- Filed
- Nov 14, 7:00 PM ET
- Accepted
- Nov 15, 4:38 PM ET
- Size
- 10.2 KB