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4//SEC Filing

Schoener Anthony P 4

Accession 0001181431-09-058282

CIK 0001391672other
View on SEC.govCompany Profile

Filed

Dec 21, 7:00 PM ET

Accepted

Dec 22, 5:08 PM ET

Size

30.4 KB

Accession

0001181431-09-058282

Insider Transaction Report

Form 4
Period: 2009-12-18
Starent Networks, Corp.STAR
Schoener Anthony P
V.P. Engineering
Transactions
  • Gift

    Common Stock

    2009-12-18−6,000→ 171,634 total
  • Disposition to Issuer

    Common Stock

    2009-12-18−43,000→ 0 total(indirect: See Footnote)
  • Disposition to Issuer

    ISO

    2009-12-18−5,000→ 0 total
    Exercise: $0.30Exp: 2013-01-23→ Common Stock (5,000 underlying)
  • Disposition to Issuer

    NQSO

    2009-12-18−19,508→ 0 total
    Exercise: $1.65Exp: 2015-07-26→ Common Stock (19,500 underlying)
  • Disposition to Issuer

    NQSO

    2009-12-18−9,333→ 0 total
    Exercise: $8.25Exp: 2017-04-13→ Common Stock (9,333 underlying)
  • Disposition to Issuer

    ISO

    2009-12-18−17,333→ 0 total
    Exercise: $8.25Exp: 2017-04-13→ Common Stock (17,333 underlying)
  • Disposition to Issuer

    NQSO

    2009-12-18−75,000→ 0 total
    Exercise: $12.97Exp: 2018-03-19→ Common Stock (75,000 underlying)
  • Disposition to Issuer

    Common Stock

    2009-12-18−171,634→ 0 total
  • Disposition to Issuer

    NQSO

    2009-12-18−17,708→ 0 total
    Exercise: $1.65Exp: 2016-09-29→ Common Stock (17,708 underlying)
  • Disposition to Issuer

    ISO

    2009-12-18−65,624→ 0 total
    Exercise: $1.65Exp: 2016-09-29→ Common Stock (65,624 underlying)
  • Disposition to Issuer

    NQSO

    2009-12-18−50,788→ 0 total
    Exercise: $16.11Exp: 2019-04-17→ Common Stock (50,788 underlying)
  • Disposition to Issuer

    ISO

    2009-12-18−85,492→ 0 total
    Exercise: $1.65Exp: 2015-07-26→ Common Stock (85,492 underlying)
Footnotes (12)
  • [F1]156,000 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 $5,460,000 ($35.00 per share) on the effective date of the merger. A restricted stock unit award for 15,634 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 22,917 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.
  • [F10]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 25,407 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.
  • [F11]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 109,938 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.
  • [F12]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 74,447 shares of Cisco common stock for $10.99 per share.
  • [F2]43,000 shares of common stock were disposed of pursuant to the merger agreement in exchange for a cash payment of $1,505,000 ($35.00 per share) on the effective date of the merger.
  • [F3]Consists of 36,000 securities held beneficially by The Anthony P. Schoener Grantor Retained Annuity Trust-2007 and 7,000 shares held beneficially by The Schoener Family Irrevocable Trust dtd 05/21/07, Kathleen Schoener and Karen Schoener, Trustees. Mr. Schoener disclaims beneficial ownership of the shares held by the trust except to the extent of his pecuniary interest, if any.
  • [F4]This fully vested option was assumed by Cisco in the merger and replaced with an option to purchase 7,329 shares of Cisco common stock for $0.21 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 28,595 shares of Cisco common stock for $1.13 per share, 19,290 vested shares of which will be subject to revesting over two years in equal installments on each of the 24 monthly anniversaries of the merger.
  • [F6]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 125,318 shares of Cisco common stock for $1.13 per share.
  • [F7]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 25,957 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.
  • [F8]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 96,194 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.
  • [F9]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 13,680 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.

Documents

1 file

Issuer

Starent Networks, Corp.

CIK 0001391672

→
Entity typeother

Related Parties

1
  • filerCIK 0001401664

Filing Metadata

Form type
4
Filed
Dec 21, 7:00 PM ET
Accepted
Dec 22, 5:08 PM ET
Size
30.4 KB
View on SEC.gov