Bharghavan Vaduvur 4
4 · MERU NETWORKS INC · Filed Jun 20, 2011
Insider Transaction Report
Form 4
Bharghavan Vaduvur
DirectorChief Technical Officer
Transactions
- Exercise/Conversion
Stock Option (right to buy)
2011-06-16−400→ 187,262 totalExercise: $7.80Exp: 2019-09-24→ Common Stock (400 underlying) - Sale
Common Stock
2011-06-16$15.00/sh−400$6,000→ 2,076 total - Exercise/Conversion
Common Stock
2011-06-16$7.80/sh+400$3,120→ 2,476 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]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.