Anand Kamal 4
4 · MERU NETWORKS INC · Filed May 16, 2012
Insider Transaction Report
Form 4
Anand Kamal
SVP of Corp Dev & Strategy
Transactions
- Award
Common Stock (ESPP)
2012-05-15$1.59/sh+1,500$2,384→ 30,759 total
Footnotes (2)
- [F1]Meru Networks Inc. Employee Stock Purchase Plan ("ESPP"), for ESPP purchase period of November 16, 2011 through May 15, 2012. This transaction is exempt under Rule 16b-3(c).
- [F2]In accordance with the ESPP, these shares were purchased based on 85% of the closing price of the issuer's common stock on May 15, 2012.