4//SEC Filing
Starent Networks, Corp. 4
Accession 0001181431-09-058268
CIK 0001391672operating
Filed
Dec 21, 7:00 PM ET
Accepted
Dec 22, 4:56 PM ET
Size
22.1 KB
Accession
0001181431-09-058268
Insider Transaction Report
Form 4
DAHOD ASHRAF
DirectorPresident & CEO
Transactions
- Disposition to Issuer
ISO
2009-12-18−125,933→ 0 totalExercise: $1.82Exp: 2010-07-26→ Common Stock (125,933 underlying) - Disposition to Issuer
NQSO
2009-12-18−340,733→ 0 totalExercise: $1.82Exp: 2010-07-26→ Common Stock (340,733 underlying) - Disposition to Issuer
Common Stock
2009-12-18−1,365,358→ 0 total - Disposition to Issuer
Common Stock
2009-12-18−4,530,423→ 0 total(indirect: See Footnote) - Disposition to Issuer
NQSO
2009-12-18−466,666→ 0 totalExercise: $1.65Exp: 2016-09-29→ Common Stock (466,666 underlying) - Disposition to Issuer
NQSO
2009-12-18−95,500→ 0 totalExercise: $16.11Exp: 2019-04-17→ Common Stock (95,500 underlying) - Disposition to Issuer
NQSO
2009-12-18−100,000→ 0 totalExercise: $8.25Exp: 2017-04-13→ Common Stock (100,000 underlying) - Disposition to Issuer
NQSO
2009-12-18−200,000→ 0 totalExercise: $12.97Exp: 2018-03-19→ Common Stock (200,000 underlying)
Footnotes (9)
- [F1]1,335,358 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 $46,737,530 ($35.00 per share), of which $36,708,700 was payable on the date of the merger and of which $10,028,830 will be subject to vesting and paid in equal monthly installments over 24 months from the date of the merger. A restricted stock unit award for 30,000 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 43,975 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]4,530,423 shares of common stock were disposed of pursuant to the merger agreement in exchange for a cash payment of $158,564,805 ($35.00 per share) on the effective date of the merger.
- [F3]Consists of 4,240,319 securities beneficially held by Nooril-Iman, LP., 267,092 shares of common stock held by Mr. Dahod's wife, Shamin Dahod and 23,012 securities beneficially held by Nooril-Iman Management, LLC. Mr. Dahod disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any.
- [F4]This option, which provided for vesting as to 25% of the underlying shares on January 1, 2006 and an as to additional 6.25% each quarter thereafter, was assumed by Cisco in the merger and replaced with an option to purchase 499,462 shares of Cisco common stock for $1.25 per share.
- [F5]This option, which provided for vesting as to 25% of the underlying shares on January 1, 2006 and an as to additional 6.25% each quarter thereafter, was assumed by Cisco in the merger and replaced with an option to purchase 184,598 shares of Cisco common stock for $1.25 per share.
- [F6]This option, which provided for vesting as to 25% of the underlying shares on September 29, 2007 and an as to additional 6.25% each quarter thereafter, was assumed by Cisco in the merger and replaced with an option to purchase 684,060 shares of Cisco common stock for $1.13 per share, the vested portion of which will be subject to revesting over two years in equal installments on each of the 24 monthly anniversaries of the merger.
- [F7]This option, which provided for vesting as to 20% of the underlying shares on January 1, 2008 and an as to additional 5% each quarter thereafter, was assumed by Cisco in the merger and replaced with an option to purchase 146,584 shares of Cisco common stock for $5.63 per share, the vested portion of which will be subject to revesting over two years in equal installments on each of the 24 monthly anniversaries of the merger.
- [F8]This option, which provided for vesting as to 25% of the underlying shares on March 19, 2009 and an as to additional 6.25% each quarter thereafter, was assumed by Cisco in the merger and replaced with an option to purchase 293,169 shares of Cisco common stock for $8.85 per share, the vested portion of which will be subject to revesting over two years in equal installments on each of the 24 monthly anniversaries of the merger.
- [F9]This option, which provided for vesting as to 25% of the underlying shares on April 17, 2010 and an as to additional 6.25% each quarter thereafter, was assumed by Cisco in the merger and replaced with an option to purchase 139,988 shares of Cisco common stock for $10.99 per share.
Documents
Issuer
Starent Networks, Corp.
CIK 0001391672
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001391672
Filing Metadata
- Form type
- 4
- Filed
- Dec 21, 7:00 PM ET
- Accepted
- Dec 22, 4:56 PM ET
- Size
- 22.1 KB