Home/Filings/4/0001181431-09-058328
4//SEC Filing

Sirota Gennady H 4

Accession 0001181431-09-058328

CIK 0001391672other

Filed

Dec 21, 7:00 PM ET

Accepted

Dec 22, 5:56 PM ET

Size

20.9 KB

Accession

0001181431-09-058328

Insider Transaction Report

Form 4
Period: 2009-12-18
Sirota Gennady H
V.P. Product Management
Transactions
  • Award

    Common Stock

    2009-12-18+17,14226,814 total
  • Disposition to Issuer

    Common Stock

    2009-12-1826,8140 total
  • Disposition to Issuer

    ISO

    2009-12-187,5000 total
    Exercise: $0.30Exp: 2013-01-23Common Stock (7,500 underlying)
  • Disposition to Issuer

    ISO

    2009-12-1820,0000 total
    Exercise: $1.65Exp: 2015-07-26Common Stock (20,000 underlying)
  • Disposition to Issuer

    ISO

    2009-12-189,0010 total
    Exercise: $8.25Exp: 2017-04-13Common Stock (9,001 underlying)
  • Disposition to Issuer

    NQSO

    2009-12-1870,0000 total
    Exercise: $12.97Exp: 2018-03-19Common Stock (70,000 underlying)
  • Disposition to Issuer

    ISO

    2009-12-1812,5000 total
    Exercise: $1.65Exp: 2016-09-29Common Stock (12,500 underlying)
  • Disposition to Issuer

    NQSO

    2009-12-1831,4200 total
    Exercise: $16.11Exp: 2019-04-17Common Stock (31,420 underlying)
Footnotes (8)
  • [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.
  • [F2]Disposed of pursuant to the merger agreement between issuer and Cisco Systems, Inc. ("Cisco") in exchange for two restricted stock unit awards for an aggregate of 39,304 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 25,127 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. The restricted stock unit award for 14,177 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.
  • [F3]This fully vested option was assumed by Cisco in the merger and replaced with an option to purchase 10,993 shares of Cisco common stock for $0.21 per share.
  • [F4]This fully vested option was assumed by Cisco in the merger and replaced with an option to purchase 29,316 shares of Cisco common stock for $1.13 per share.
  • [F5]This option, which provided for vesting as to 25% of the underlying shares on September 29, 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 18,323 shares of Cisco common stock for $1.13 per share.
  • [F6]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 13,194 shares of Cisco common stock for $5.63 per share.
  • [F7]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 102,609 shares of Cisco common stock for $8.85 per share.
  • [F8]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 46,056 shares of Cisco common stock for $10.99 per share.

Issuer

Starent Networks, Corp.

CIK 0001391672

Entity typeother

Related Parties

1
  • filerCIK 0001401781

Filing Metadata

Form type
4
Filed
Dec 21, 7:00 PM ET
Accepted
Dec 22, 5:56 PM ET
Size
20.9 KB