4//SEC Filing
Simmons Philip 4
Accession 0001181431-13-008095
CIK 0001167294other
Filed
Feb 7, 7:00 PM ET
Accepted
Feb 8, 8:03 PM ET
Size
10.0 KB
Accession
0001181431-13-008095
Insider Transaction Report
Form 4
Simmons Philip
SVP WW Engineering
Transactions
- Award
Restricted Stock Units
2013-02-07+3,000→ 3,000 totalExercise: $0.00Exp: 2023-02-07→ Common Stock (3,000 underlying) - Award
Stock Option (right to buy)
2013-02-07+6,000→ 6,000 totalExercise: $3.19Exp: 2023-02-07→ Common Stock (6,000 underlying) - Award
Restricted Stock Units
2013-02-07+3,000→ 3,000 totalExercise: $0.00Exp: 2023-02-07→ Common Stock (3,000 underlying)
Footnotes (4)
- [F1]The option will vest in equal monthly installments commencing on March 7, 2013, such that 100% of the shares subject to the option will be fully vested and exercisable on February 7, 2017. The option is subject to the Change of Control provisions described in the applicable Change of Control Agreement..
- [F2]Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of common stock of the issuer upon vesting.
- [F3]100% of the RSU will be fully vested on January 1, 2016. The RSU is subject to the Change of Control provisions described in the applicable Change of Control Agreement.
- [F4]The RSUs will vest subject to the achievement of performance metrics approved by the Board of Directors for the year ending December 31, 2015. The RSUs are subject to acceleration and will be fully vested upon certain change of control conditions being met in the event of an acquisition of the Company.
Documents
Issuer
MERU NETWORKS INC
CIK 0001167294
Entity typeother
Related Parties
1- filerCIK 0001541699
Filing Metadata
- Form type
- 4
- Filed
- Feb 7, 7:00 PM ET
- Accepted
- Feb 8, 8:03 PM ET
- Size
- 10.0 KB