Simmons Philip 4
4 · MERU NETWORKS INC · Filed Nov 16, 2012
Insider Transaction Report
Form 4
Simmons Philip
SVP WW Engineering
Transactions
- Award
Common Stock (ESPP)
2012-11-15$1.59/sh+1,500$2,384→ 13,893 total
Footnotes (2)
- [F1]Meru Networks Inc. Employee Stock Purchase Plan ("ESPP"), for ESPP purchase period of May 16, 2012 through November 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 November 15, 2012.