Khandekar Chandrashekhar 4
4 · IKANOS COMMUNICATIONS · Filed Aug 6, 2009
Insider Transaction Report
Form 4
Khandekar Chandrashekhar
Vice President, Operations
Transactions
- Exercise/Conversion
Common Stock
2009-08-05+3,750→ 5,250 total - Exercise/Conversion
Restricted Stock Units
2009-05-05−3,750→ 0 total→ Common stock (3,750 underlying) - Tax Payment
Common Stock
2009-08-05$1.71/sh−1,340$2,291→ 3,910 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 Reporting Person vested in 3750 shares of the 30000 share RSU granted on August 6, 2007. The RSU vests at the following rate: The RSU vests 1/2 of the shares one year from the Vesting Commencement Date (the "VCD"), which VCD is August 6, 2007, and the other half of the shares shall vest at a rate of 12.5 percent quarterly thereafter, such that all shares subject to the RSU shall have completely.