Bassan-Eskenazi Amir 4
4 · BigBand Networks, Inc. · Filed Sep 16, 2011
Insider Transaction Report
Form 4
Bassan-Eskenazi Amir
DirectorPresident & CEO
Transactions
- Exercise/Conversion
Common Stock
2011-09-14+17,500→ 504,863 total - Tax Payment
Common Stock
2011-09-15$1.39/sh−6,499$9,034→ 498,364 total - Exercise/Conversion
Restricted Stock Units
2011-09-14−17,500→ 87,500 total→ Common Stock (17,500 underlying)
Footnotes (3)
- [F1]This sale to cover taxes is associated with restricted stock units that vested on September 14, 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 September 14, 2011. Vested shares will be delivered to the reporting person on or about each such vesting date.