CRANN PAUL JR 4
4 · BigBand Networks, Inc. · Filed Aug 26, 2011
Insider Transaction Report
Form 4
CRANN PAUL JR
VP, Product Line Management
Transactions
- Exercise/Conversion
Common Stock
2011-08-24+2,866→ 46,929 total - Tax Payment
Common Stock
2011-08-25$1.42/sh−944$1,340→ 45,985 total - Exercise/Conversion
Restricted Stock Units
2011-08-24−2,866→ 8,601 total→ Common Stock (2,866 underlying)
Footnotes (3)
- [F1]This sale to cover taxes is associated with restricted stock units that vested on August 24, 2011 as reported in this filing.
- [F2]Each restricted stock unit represents a contingent right to receive one share of BBND common stock
- [F3]The restricted stock units vest in six (6) equal semi-annual installments beginning on August 24, 2010. Vested shares will be delivered to the reporting person on or about each such vesting date.