STRATEX NETWORKS INC 4

Accession 0001209191-07-006215

CIK 0000812703operating

View on SEC.gov Company Profile

Filed

Jan 29, 7:00 PM ET

Accepted

Jan 30, 9:58 PM ET

Size

37.6 KB

Accession

0001209191-07-006215

Insider Transaction Report

Form 4

Period: 2007-01-26

STRATEX NETWORKS INCSTXN

BRANDT JOHN

Vice President Global Ops

Transactions

Disposition to Issuer
Non-qualified Stock Option (right to buy)
2007-01-26−20,000→ 20,000 total
Exercise: $30.06From: 2007-01-26Exp: 2010-05-09→ Class A Common Stock (20,000 underlying)
Disposition to Issuer
Non-qualified Stock Option (right to buy)
2007-01-26−8,000→ 8,000 total
Exercise: $7.25From: 2007-01-26Exp: 2008-06-25→ Class A Common Stock (8,000 underlying)
Disposition to Issuer
Non-qualified Stock Option (right to buy)
2007-01-26−21,600→ 21,600 total
Exercise: $13.63From: 2007-01-26Exp: 2007-07-03→ Class A Common Stock (21,600 underlying)
Disposition to Issuer
Class A Common Stock
2007-01-26−23,929→ 23,929 total
Disposition to Issuer
Non-qualified Stock Option (right to buy)
2007-01-26−5,208→ 5,208 total
Exercise: $2.01From: 2007-01-26Exp: 2012-06-28→ Class A Common Stock (5,208 underlying)
Disposition to Issuer
Non-qualified Stock Option (right to buy)
2007-01-26−50,000→ 50,000 total
Exercise: $7.03From: 2007-01-26Exp: 2011-10-15→ Class A Common Stock (50,000 underlying)
Disposition to Issuer
Non-qualified Stock Option (right to buy)
2007-01-26−38,000→ 38,000 total
Exercise: $6.10From: 2007-01-26Exp: 2011-10-22→ Class A Common Stock (38,000 underlying)
Disposition to Issuer
Non-qualified Stock Option (right to buy)
2007-01-26−4,000→ 4,000 total
Exercise: $37.00From: 2007-01-26Exp: 2010-02-07→ Class A Common Stock (4,000 underlying)
Disposition to Issuer
Non-qualified Stock Option (right to buy)
2007-01-26−3,542→ 3,542 total
Exercise: $2.85Exp: 2010-06-25→ Class A Common Stock (3,542 underlying)
Disposition to Issuer
Non-qualified Stock Option (right to buy)
2007-01-26−10,000→ 10,000 total
Exercise: $21.69From: 2007-01-26Exp: 2010-08-07→ Class A Common Stock (10,000 underlying)
Disposition to Issuer
Non-qualified Stock Option (right to buy)
2007-01-26−12,500→ 12,500 total
Exercise: $2.05From: 2007-01-26Exp: 2012-12-20→ Class A Common Stock (12,500 underlying)
Disposition to Issuer
Non-qualified Stock Option (right to buy)
2007-01-26−150,000→ 150,000 total
Exercise: $4.38Exp: 2011-03-30→ Class A Common Stock (150,000 underlying)
Disposition to Issuer
Non-qualified Stock Option (right to buy)
2007-01-26−65,000→ 65,000 total
Exercise: $4.01Exp: 2013-06-06→ Class A Common Stock (65,000 underlying)

Footnotes (15)

[F1]Disposed of pursuant to the merger of Stratex Merger Corp., a wholly owned subsidiary of Harris Stratex Networks, Inc., with and into Stratex Networks, Inc. with Stratex Networks, Inc. as the surviving corporation (the "Merger") in exchange for 5,982 shares of Harris Stratex Networks, Inc. Class A common stock valued as of the effective date of the Merger at $18.76 per share.
[F10]The option was assumed by Harris Stratex Networks, Inc. in the Merger and replaced with an option to purchase 1,302 shares of Harris Stratex Networks, Inc. Class A common stock for $8.04 per share.
[F11]The option was assumed by Harris Stratex Networks, Inc. in the Merger and replaced with an option to purchase 3,125 shares of Harris Stratex Networks, Inc. Class A common stock for $8.20 per share.
[F12]The option vests at a rate of 1/4th of the shares subject to the option on the first anniversary of the grant date (6/25/2003) and 1/36th of the remaining shares subject to the option each month thereafter was assumed by Harris Stratex Networks, Inc. in the Merger and replaced with an option to purchase 885 at $11.40 per share.
[F13]The option vests at a rate of 1/4th of the shares subject to the option on the first anniversary of the grant date (3/30/2004) and 1/36th of the remaining shares subject to the option each month thereafter was assumed by Harris Stratex Networks, Inc. in the Merger and replaced with an option to purchase 37,500 at $17.52 per share.
[F14]The option was assumed by Harris Stratex Networks, Inc. in the Merger and replaced with an option to purchase 12,500 shares of Harris Stratex Networks, Inc. Class A common stock for $6.88 per share.
[F15]The option vests at a rate of 1/3rd of the shares subject to the option on the first anniversary of the grant date (6/6/2006) and 1/24th of the remaining shares subject to the option each month thereafter was assumed by Harris Stratex Networks, Inc. in the Merger and replaced with an option to purchase 16,250 at $16.04 per share.
[F2]The option was assumed by Harris Stratex Networks, Inc. in the Merger and replaced with an option to purchase 1,000 shares of Harris Stratex Networks, Inc. Class A common stock for $148.00 per share.
[F3]The option was assumed by Harris Stratex Networks, Inc. in the Merger and replaced with an option to purchase 2,500 shares of Harris Stratex Networks, Inc. Class A common stock for $86.75 per share.
[F4]The option was assumed by Harris Stratex Networks, Inc. in the Merger and replaced with an option to purchase 5,000 shares of Harris Stratex Networks, Inc. Class A common stock for $120.25 per share.
[F5]The option was assumed by Harris Stratex Networks, Inc. in the Merger and replaced with an option to purchase 5,400 shares of Harris Stratex Networks, Inc. Class A common stock for $54.50 per share.
[F6]The option was assumed by Harris Stratex Networks, Inc. in the Merger and replaced with an option to purchase 2,000 shares of Harris Stratex Networks, Inc. Class A common stock for $29.00 per share.
[F7]The option was assumed by Harris Stratex Networks, Inc. in the Merger and replaced with an option to purchase 2,500 shares of Harris Stratex Networks, Inc. Class A common stock for $48.50 per share.
[F8]The option was assumed by Harris Stratex Networks, Inc. in the Merger and replaced with an option to purchase 9,500 shares of Harris Stratex Networks, Inc. Class A common stock for $24.40 per share.
[F9]The option was assumed by Harris Stratex Networks, Inc. in the Merger and replaced with an option to purchase 12,500 shares of Harris Stratex Networks, Inc. Class A common stock for $28.12 per share.

Documents

1 file

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bpa26850_bpa21jb.xmlPrimary
MAIN DOCUMENT DESCRIPTION

Issuer

STRATEX NETWORKS INC

CIK 0000812703

→

Entity typeoperating

IncorporatedDE

Related Parties

filerCIK 0000812703

Filing Metadata

Form type: 4
Filed: Jan 29, 7:00 PM ET
Accepted: Jan 30, 9:58 PM ET
Size: 37.6 KB

View on SEC.gov