Home/Filings/4/0001181431-09-058337
4//SEC Filing

BARROWS TIMOTHY A 4

Accession 0001181431-09-058337

CIK 0001391672other

Filed

Dec 21, 7:00 PM ET

Accepted

Dec 22, 6:10 PM ET

Size

21.1 KB

Accession

0001181431-09-058337

Insider Transaction Report

Form 4
Period: 2009-12-18
Transactions
  • Disposition to Issuer

    NQSO

    2009-12-18$15.93/sh6,583$104,8670 total
    Exercise: $19.07Exp: 2019-05-21Common Stock (6,583 underlying)
  • Disposition to Issuer

    Common Stock

    2009-12-181,750,9200 total(indirect: See Footnote)
  • Disposition to Issuer

    Common Stock

    2009-12-18596,2640 total(indirect: See Footnote)
  • Disposition to Issuer

    Common Stock

    2009-12-18411,9770 total(indirect: See Footnote)
  • Disposition to Issuer

    Common Stock

    2009-12-18255,6000 total
  • Disposition to Issuer

    Common Stock

    2009-12-18241,5580 total(indirect: See Footnote)
  • Disposition to Issuer

    NQSO

    2009-12-18$18.45/sh7,068$130,4050 total
    Exercise: $16.55Exp: 2017-06-21Common Stock (7,068 underlying)
  • Disposition to Issuer

    NQSO

    2009-12-18$19.41/sh20,000$388,2000 total
    Exercise: $15.59Exp: 2018-05-22Common Stock (20,000 underlying)
Footnotes (12)
  • [F1]Disposed of pursuant to the merger agreement between issuer and Cisco Systems, Inc. in exchange for a cash payment of $8,946,000 ($35.00 per share) on the effective date of the merger.
  • [F10]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).
  • [F11]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).
  • [F12]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).
  • [F2]Disposed of pursuant to the merger agreement in exchange for a cash payment of $61,282,200 ($35.00 per share) on the effective date of the merger.
  • [F3]Represents securities owned solely by Matrix Partners VI, LP. Matrix VI Management Co., L.L.C. ("Matrix VI LLC") is the general partner of Matrix Partners VI, L.P. Timothy Barrows, as a Managing Member of Matrix VI LLC, has sole voting and dispostive power with respect to the shares held by those entities. Mr. Barrows disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.
  • [F4]Disposed of pursuant to the merger agreement in exchange for a cash payment of $20,869,240 ($35.00 per share) on the effective date of the merger.
  • [F5]Represents securities owned solely by Matrix VI Parallel Partnership-A, L.P. Matrix VI LLC is the general partner of Matrix VI Parallel Partnership-A, L.P. Timothy Barrows, as a Managing Member of Matrix VI LLC, has sole voting and dispostive power with respect to the shares held by those entities. Mr. Barrows disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.
  • [F6]Disposed of pursuant to the merger agreement in exchange for a cash payment of $8,454,530 ($35.00 per share) on the effective date of the merger.
  • [F7]Represents securities owned solely by Matrix VI Parallel Partnership-B, L.P. Matrix VI LLC is the general partner of Matrix VI Parallel Partnership-B, L.P. Timothy Barrows, as a Managing Member of Matrix VI LLC, has sole voting and dispostive power with respect to the shares held by those entities. Mr. Barrows disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.
  • [F8]Disposed of pursuant to the merger agreement in exchange for a cash payment of $14,419,195 ($35.00 per share) on the effective date of the merger.
  • [F9]Represents securities owned solely by Weston & Co. VI LLC, which is a nominee for certain beneficial owners. Mr. Barrows is authorized by the sole member of Weston & Co. VI LLC to take any action as directed by the underlying beneficial owners with respect to the shares held by this entity. Mr. Barrows disclaims beneficial ownership of such shares, except for those shares held by Weston & Co. VI LLC as nominee for him personally. Mr. Barrows has sole voting and/or investment control over only said shares held by Weston & Co. VI LLC as nominee for him personally. Mr. Barrows does not have sole or shared voting and/or investment control with respect to the other shares held by Weston & Co. VI LLC.

Issuer

Starent Networks, Corp.

CIK 0001391672

Entity typeother

Related Parties

1
  • filerCIK 0001205978

Filing Metadata

Form type
4
Filed
Dec 21, 7:00 PM ET
Accepted
Dec 22, 6:10 PM ET
Size
21.1 KB