Bharghavan Vaduvur 4
4 · MERU NETWORKS INC · Filed Jun 2, 2011
Insider Transaction Report
Form 4
Bharghavan Vaduvur
DirectorChief Technical Officer
Transactions
- Exercise/Conversion
Common Stock
2011-05-31$3.90/sh+4,645$18,116→ 6,721 total - Sale
Common Stock
2011-05-31$19.00/sh−4,645$88,255→ 2,076 total - Exercise/Conversion
Common Stock
2011-05-31$3.90/sh+7,593$29,613→ 9,669 total - Exercise/Conversion
Stock Option (right to buy)
2011-05-31−7,593→ 0 totalExercise: $3.90Exp: 2012-11-04→ Common Stock (7,593 underlying) - Sale
Common Stock
2011-05-31$19.00/sh−7,593$144,267→ 2,076 total - Exercise/Conversion
Stock Option (right to buy)
2011-05-31−4,645→ 187,662 totalExercise: $7.80Exp: 2019-09-24→ Common Stock (4,645 underlying)
Footnotes (3)
- [F1]The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- [F2]10% of the shares subject to this option vested and became exercisable on February 2, 2002, and the remaining shares vested monthly thereafter, such that 100% of the shares subject to the option became fully vested and exercisable on February 2, 2006.
- [F3]The option vested in equal monthly installments commencing on October 24, 2009 such that 100% of the shares subject to the option became fully vested and exercisable on September 24, 2013.