4//SEC Filing
Kahhale Pierre G 4
Accession 0001181431-09-058216
CIK 0001391672other
Filed
Dec 21, 7:00 PM ET
Accepted
Dec 22, 4:04 PM ET
Size
23.4 KB
Accession
0001181431-09-058216
Insider Transaction Report
Form 4
Kahhale Pierre G
V.P. Worldwide Field Ops.
Transactions
- Disposition to Issuer
Common Stock
2009-12-18−89,877→ 0 total - Disposition to Issuer
ISO
2009-12-18−90,000→ 0 totalExercise: $1.65Exp: 2016-04-18→ Common Stock (90,000 underlying) - Disposition to Issuer
NQSO
2009-12-18−45,623→ 0 totalExercise: $16.11Exp: 2019-04-17→ Common Stock (45,623 underlying) - Disposition to Issuer
ISO
2009-12-18−28,446→ 0 totalExercise: $8.25Exp: 2017-04-13→ Common Stock (28,446 underlying) - Disposition to Issuer
Common Stock
2009-12-18−5,000→ 0 total(indirect: See Footnote) - Disposition to Issuer
NQSO
2009-12-18−11,342→ 0 totalExercise: $8.25Exp: 2017-04-13→ Common Stock (11,342 underlying) - Award
Common Stock
2009-12-18+20,000→ 89,877 total - Disposition to Issuer
ISO
2009-12-18−3,750→ 0 totalExercise: $0.30Exp: 2013-01-23→ Common Stock (3,750 underlying) - Disposition to Issuer
NQSO
2009-12-18−45,000→ 0 totalExercise: $12.97Exp: 2018-03-19→ Common Stock (45,000 underlying)
Footnotes (11)
- [F1]Grant of restricted stock unit award, each restricted stock unit representing the right to receive one share of issuer's common stock. These restricted stock units vest over four years, with 25% of the underlying shares vesting on each anniversary of the grant date.
- [F10]This option, which provided for vesting as to 25% of the underlying shares on March 19, 2009 and as to an additional 6.25% each quarter thereafter, was assumed by Cisco in the merger and replaced with an option to purchase 65,963 shares of Cisco common stock for $8.85 per share.
- [F11]This option, which provided for vesting as to 25% of the underlying shares on April 17, 2010 and as to an additional 6.25% each quarter thereafter, was assumed by Cisco in the merger and replaced with an option to purchase 66,876 shares of Cisco common stock for $10.99 per share.
- [F2]55,833 shares of common stock were disposed of pursuant to the merger agreement between issuer and Cisco Systems, Inc. ("Cisco") in exchange for a cash payment of $1,954,155 ($35.00 per share) on the effective date of the merger. Two restricted stock unit awards for an aggregate of 34,044 were disposed of pursuant to the merger agreement between issuer and Cisco in exchange for two restricted stock unit awards for an aggregate of 49,902 shares of Cisco's common stock, which had a closing sales price as quoted on the NASDAQ Global Select Market of $23.33 per share on effective date of the merger. The restricted stock unit award for 29,316 shares of Cisco's common stock vests over four years, 25% on December 18, 2010 and an additional 25% each year thereafter, subject to the reporting person's continued service to the issuer or Cisco.(Continued in Footnote 3)
- [F3]The restricted stock unit award for 20,586 shares of Cisco's common stock vests over four years, 25% on April 17, 2010 and an additional 25% each year thereafter, subject to the reporting person's continued service to the issuer or Cisco.
- [F4]5,000 shares of common stock were disposed of pursuant to the merger agreement in exchange for a cash payment of $175,000 ($35.00 per share) on the effective date of the merger.
- [F5]Represents shares of common stock held by The Kahhale Family Trust - 2007 dated March 12, 2007. Mr. Kahhale disclaims beneficial ownership of these shares except to the extent of his pecuniary interest, if any.
- [F6]This fully vested option was assumed by Cisco in the merger and replaced with an option to purchase 5,496 shares of Cisco common stock for $0.21 per share.
- [F7]This option, which provided for vesting as to 25% of the underlying shares on January 1, 2007 and as to an additional 6.25% each quarter thereafter, was assumed by Cisco in the merger and replaced with an option to purchase 131,926 shares of Cisco common stock for $1.13 per share.
- [F8]This option, which provided for vesting as to 20% of the underlying shares on January 1, 2008 and as to an additional 5% of the underlying shares each quarter thereafter, was assumed by Cisco in the merger and replaced with an option to purchase 16,625 shares of Cisco common stock for $5.63 per share.
- [F9]This option, which provided for vesting as to 20% of the underlying shares on January 1, 2008 and as to an additional 5% of the underlying shares each quarter thereafter, was assumed by Cisco in the merger and replaced with an option to purchase 41,697 shares of Cisco common stock for $5.63 per share.
Documents
Issuer
Starent Networks, Corp.
CIK 0001391672
Entity typeother
Related Parties
1- filerCIK 0001401668
Filing Metadata
- Form type
- 4
- Filed
- Dec 21, 7:00 PM ET
- Accepted
- Dec 22, 4:04 PM ET
- Size
- 23.4 KB