STRATEX NETWORKS INC 4
4 · STRATEX NETWORKS INC · Filed Jan 30, 2007
Insider Transaction Report
Form 4
EDWARD THOMPSON
Director
Transactions
- Disposition to Issuer
Non-qualified Stock Option (right to buy)
2007-01-26−10,000→ 10,000 totalExercise: $2.22From: 2007-01-26Exp: 2010-08-09→ Class A Common Stock (10,000 underlying) - Disposition to Issuer
Class A Common Stock
2007-01-26−10,000→ 10,000 total - Disposition to Issuer
Non-qualified Stock Option (right to buy)
2007-01-26−30,000→ 30,000 totalExercise: $2.24From: 2007-01-26Exp: 2007-11-08→ Class A Common Stock (30,000 underlying)
Footnotes (4)
- [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 2,500 shares of Harris Stratex Networks, Inc. Class A common stock valued as of the effective date of the Merger at $18.76.
- [F2]The options was assumed by Harris Stratex Networks, Inc. in the Merger and replaced with an option to purchase 7,500 shares of Harris Stratex Networks, Inc. Class A common stock for $8.96.
- [F3]The options 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 $8.88.
- [F4]The options 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 $13.48.