4//SEC Filing
DALTON SEAN M 4
Accession 0001181431-09-058309
CIK 0001391672other
Filed
Dec 21, 7:00 PM ET
Accepted
Dec 22, 5:37 PM ET
Size
23.1 KB
Accession
0001181431-09-058309
Insider Transaction Report
Form 4
DALTON SEAN M
Director
Transactions
- Gift
Common Stock
2009-02-11−4,993→ 6,726 total - Exercise/Conversion
Common Stock
2009-12-18$5.13/sh+66,666$341,997→ 73,392 total - Disposition to Issuer
Common Stock
2009-12-18−73,392→ 0 total - Disposition to Issuer
Common Stock
2009-12-18−300,128→ 0 total(indirect: See Footnote) - Disposition to Issuer
Common Stock
2009-12-18−1,164,240→ 0 total(indirect: See Footnote) - Disposition to Issuer
Common Stock
2009-12-18−184,692→ 0 total(indirect: See Footnote) - Disposition to Issuer
NQSO
2009-12-18$18.45/sh−7,068$130,405→ 0 totalExercise: $16.55Exp: 2017-06-21→ Common Stock (7,068 underlying) - Disposition to Issuer
NQSO
2009-12-18$19.41/sh−20,000$388,200→ 0 totalExercise: $15.59Exp: 2018-05-22→ Common Stock (20,000 underlying) - Disposition to Issuer
NQSO
2009-12-18$15.93/sh−6,583$104,867→ 0 totalExercise: $19.07Exp: 2019-05-21→ Common Stock (6,583 underlying) - Exercise/Conversion
NQSO
2009-12-18−66,666→ 0 totalExercise: $5.13Exp: 2016-12-14→ Common Stock (66,666 underlying)
Footnotes (11)
- [F1]Disposed of pursuant to the merger agreement between issuer and Cisco Systems, Inc. in exchange for a cash payment of $2,568,720 ($35.00 per share) on the effective date of the merger.
- [F10]This option, which provided for vesting as to 100% of the underlying shares on May 21, 2010, was canceled in the merger in exchange for a cash payment of $104,867.19, representing the difference between the exercise price of the option and the market value of the underlying common stock on the effective date of the merger ($35.00 per share).
- [F11]This option, which provided for vesting as to 25% of the underlying shares on December 14, 2007 and as to an additional 6.25% each quarter thereafter, accelerated to be vested in full in connection with the merger.
- [F2]Disposed of pursuant to the merger agreement in exchange for a cash payment of $40,748,400 ($35.00 per share) on the effective date of the merger.
- [F3]Represents securities held by Highland Capital Partners V, Limited Partnership, an affiliate of the reporting person. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
- [F4]Disposed of pursuant to the merger agreement in exchange for a cash payment of $10,504,480 ($35.00 per share) on the effective date of the merger.
- [F5]Represents securities held by Highland Capital Partners V-B, Limited Partnership, an affiliate of the reporting person. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
- [F6]Disposed of pursuant to the merger agreement in exchange for a cash payment of $6,464,220 ($35.00 per share) on the effective date of the merger.
- [F7]Represents securities held by Highland Entrepreneurs' Fund V Limited Partnership, an affiliate of the reporting person. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
- [F8]This option, which provided for vesting as to 20% of the underlying shares on June 21, 2008 and as to an additional 5% each quarter thereafter, was canceled in the merger in exchange for a cash payment of $130,404.60, representing the difference between the exercise price of the option and the market value of the underlying common stock on the effective date of the merger ($35.00 per share).
- [F9]This option, which provided for vesting as to 20% of the underlying shares on May 22, 2009 and as to an additional 5% each quarter thereafter, was canceled in the merger in exchange for a cash payment of $388,200, representing the difference between the exercise price of the option and the market value of the underlying common stock on the effective date of the merger ($35.00 per share).
Documents
Issuer
Starent Networks, Corp.
CIK 0001391672
Entity typeother
Related Parties
1- filerCIK 0001253988
Filing Metadata
- Form type
- 4
- Filed
- Dec 21, 7:00 PM ET
- Accepted
- Dec 22, 5:37 PM ET
- Size
- 23.1 KB