SHAMLOU NICK N 4
4 · IKANOS COMMUNICATIONS · Filed Feb 6, 2009
Insider Transaction Report
Form 4
SHAMLOU NICK N
VP of Worldwide Sales
Transactions
- Exercise/Conversion
Restricted Stock Units
2009-02-05−3,125→ 0 total→ Common Stock (3,125 underlying) - Tax Payment
Common Stock
2009-02-05$1.16/sh−1,345$1,560→ 1,780 total - Exercise/Conversion
Common Stock
2009-02-05+3,125→ 3,125 total
Footnotes (2)
- [F1]Each restricted stock unit ("RSU") represents a right to receive one share of Common Stock of Ikanos Communications, Inc.
- [F2]The reported person vested in 3,125 of the 25,000 share RSU granted on February 13, 2007, which 25,000 share RSU vests at the following rate: The RSU vests 1/8th of the shares 3 months from the Vesting Commencement Date (the "VCD"), which VCD is February 5, 2007, on the same day of the month as the VCD (May 5, 2007) and 1/8th of the shares shall vest each quarter thereafter on the same day of the month as the VCD, such that all shares subject to the RSU shall have completely vested on the 2-year anniversary of the VCD.