IKANOS COMMUNICATIONS 4
4 · IKANOS COMMUNICATIONS · Filed Jun 19, 2008
Insider Transaction Report
Form 4
Sivakumar Siva Sothy
Senior VP & General Manager
Transactions
- Award
Restricted Stock Units
2008-06-12+37,500→ 37,500 total→ Common Stock (37,500 underlying) - Award
Employee Stock Option (right to buy)
2008-06-12+120,000→ 120,000 totalExercise: $3.57Exp: 2018-06-12→ Common Stock (120,000 underlying)
Footnotes (3)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of Common Stock of Ikanos Communications, Inc
- [F2]The shares subject to the RSUs commenced vesting on May 5, 2008. Half of the grant will vest on May 5, 2009 and 1/8th of the grant will vest each quarter thereafter.
- [F3]The option vests over four years and becomes exercisable at the rate of 1/4th of the shares shall vest on May 5, 2009 and 1/48th of the shares shall vest each month thereafter.