4//SEC Filing
Seeley Jeanne 4
Accession 0001181431-11-012613
CIK 0001108185other
Filed
Feb 22, 7:00 PM ET
Accepted
Feb 23, 8:33 PM ET
Size
17.4 KB
Accession
0001181431-11-012613
Insider Transaction Report
Form 4
Seeley Jeanne
Senior Vice President & CFO
Transactions
- Disposition to Issuer
Common Stock
2011-02-22−28,808→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2011-02-22−75,000→ 0 totalExercise: $4.08Exp: 2018-05-28→ Common Stock (75,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2011-02-22−50,000→ 0 totalExercise: $2.64Exp: 2019-06-10→ Common Stock (50,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2011-02-22−40,000→ 0 totalExercise: $3.76Exp: 2019-09-15→ Common Stock (40,000 underlying) - Disposition to Issuer
Restricted Stock Units
2011-02-22−16,668→ 0 total→ Common Stock (16,668 underlying) - Disposition to Issuer
Restricted Stock Units
2011-02-22−11,667→ 0 total→ Common Stock (11,667 underlying)
Footnotes (8)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger and Reorganization (the "Merger Agreement") dated as of September 16, 2010 by and among Calix, Inc., Ocean Sub I, Inc., Ocean Sub II, LLC and Occam Networks, Inc. in exchange for a cash payment of $110,441 and 8,426 shares of common stock of Calix ($3.8337 in cash and 0.2925 shares of common stock of Calix for each share of common stock of Occam).
- [F2]Pursuant to the Merger Agreement, the unvested portion of this option, which provided for vesting of 23,437 options, was assumed by Calix and exchanged for an option to purchase 11,416 shares of Calix common stock at an exercise price per share of $8.38. Pursuant to the Merger Agreement, the vested portion of this option was cancelled in exchange for a cash payment of $284,458 (equivalent to $9.5967 less the exercise price, per share).
- [F3]Pursuant to the Merger Agreement, the unvested portion of this option, which provided for vesting of 29,167 options, was assumed by Calix and exchanged for an option to purchase 14,207 shares of Calix common stock at an exercise price per share of $5.42. Pursuant to the Merger Agreement, the vested portion of this option was cancelled in exchange for a cash payment of $144,929 (equivalent to $9.5967 less the exercise price, per share).
- [F4]Pursuant to the Merger Agreement, as of the effective date, all of the options for this grant had been fully vested and these vested options were cancelled in exchange for a total net cash payment of $233,468 (equivalent to $9.5967 less the exercise price, per share).
- [F5]Each restricted stock unit (RSU) represented a contingent right to receive one share of Occam common stock.
- [F6]Pursuant to the Merger Agreement, this unvested RSU, which provided for vesting with respect to 11,667 shares of Occam common stock was assumed and exchanged for an RSU covering 5,682 shares of Calix common stock (equivalent to $9.5967 per share).
- [F7]Not applicable.
- [F8]Pursuant to the Merger Agreement, this unvested RSU, which provided for vesting with repsect to 16,668 shares of Occam common stock was assumed and exchanged for an RSU covering 8,118 shares of Calix common stock (equivalent to $9.5967 per share).
Documents
Issuer
OCCAM NETWORKS INC/DE
CIK 0001108185
Entity typeother
Related Parties
1- filerCIK 0001319687
Filing Metadata
- Form type
- 4
- Filed
- Feb 22, 7:00 PM ET
- Accepted
- Feb 23, 8:33 PM ET
- Size
- 17.4 KB