KENNARD PAUL 4
4 · AVIAT NETWORKS, INC. · Filed Jul 15, 2011
Insider Transaction Report
Form 4
KENNARD PAUL
SVP, Chief Technology Officer
Transactions
- Disposition to Issuer
Common Stock
2011-07-14$0.01/sh−26,130$261→ 89,324 total
Footnotes (1)
- [F1]These are performance shares subject to vesting based on the achievement of certain performance targets by the Corporation during the Corporation's fiscal years 2009-2011. The performance targets were not achieved, and as a result, all of the performance shares were repurchased by the Corporation.