ABU HAKIMA IHAB 4
4 · MERU NETWORKS INC · Filed May 18, 2011
Insider Transaction Report
Form 4
ABU HAKIMA IHAB
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Common Stock
2011-05-17$0.91/sh+10,000$9,100→ 20,900 total - Exercise/Conversion
Stock Option (right to buy)
2011-05-17−10,000→ 3,024 totalExercise: $0.91Exp: 2015-08-19→ Common Stock (10,000 underlying) - Sale
Common Stock
2011-05-17$17.74/sh−10,000$177,401→ 10,900 total
Footnotes (2)
- [F1]The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- [F2]25% of the shares subject to this option vested and became exercisable on January 10, 2006, and the remaining shares vested monthly thereafter, such that 100% of the shares subject to the option became fully vested and exercisable on January 10, 2009.