Hale George W 4
4 · Starent Networks, Corp. · Filed Dec 22, 2009
Insider Transaction Report
Form 4
Hale George W
V.P. Finance & Controller
Transactions
- Disposition to Issuer
ISO
2009-12-18−10,417→ 0 totalExercise: $1.65Exp: 2016-06-15→ Common Stock (10,417 underlying) - Disposition to Issuer
Common Stock
2009-12-18−28,373→ 0 total - Disposition to Issuer
ISO
2009-12-18−5,209→ 0 totalExercise: $5.87Exp: 2017-02-09→ Common Stock (5,209 underlying) - Disposition to Issuer
NQSO
2009-12-18−15,000→ 0 totalExercise: $12.97Exp: 2018-03-19→ Common Stock (15,000 underlying)
Footnotes (4)
- [F1]14,373 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 $503,055 ($35.00 per share) on the effective date of the merger. A restricted stock unit award for 14,000 shares of common stock was disposed of pursuant to the merger agreement between issuer and Cisco in exchange for a restricted stock unit award for 20,521 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.
- [F2]This option, which provided for vesting as to 25% of the underlying shares on May 30, 2007 and as to additional 6.25% each quarter thereafter, was assumed by Cisco in the merger and replaced with an option to purchase 15,269 shares of Cisco common stock for $1.13 per share.
- [F3]This option, which provided for vesting as to 25% of the underlying shares on February 9, 2008 and as to an additional 6.25% each quarter thereafter, was assumed by Cisco in the merger and replaced with an option to purchase 7,635 shares of Cisco common stock for $4.01 per share.
- [F4]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 21,987 shares of Cisco common stock for $8.85 per share.