Home/Filings/4/0001209191-07-006218
4//SEC Filing

STRATEX NETWORKS INC 4

Accession 0001209191-07-006218

CIK 0000812703operating

Filed

Jan 29, 7:00 PM ET

Accepted

Jan 30, 9:59 PM ET

Size

28.5 KB

Accession

0001209191-07-006218

Insider Transaction Report

Form 4
Period: 2007-01-26
THOMSEN CARL
Sr. VP and CFO
Transactions
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2007-01-26120,000120,000 total
    Exercise: $4.01Exp: 2013-06-06Class A Common Stock (120,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2007-01-26190,000190,000 total
    Exercise: $4.38Exp: 2009-12-20Class A Common Stock (190,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2007-01-2645,00045,000 total
    Exercise: $6.10From: 2007-01-26Exp: 2009-05-03Class A Common Stock (45,000 underlying)
  • Disposition to Issuer

    Non-Qualified Stock Option (right to buy)

    2007-01-2645,00045,000 total
    Exercise: $30.06From: 2007-01-26Exp: 2010-05-09Class A Common Stock (45,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2007-01-26100,000100,000 total
    Exercise: $2.05From: 2007-01-26Exp: 2009-06-28Class A Common Stock (100,000 underlying)
  • Disposition to Issuer

    Class A Common Stock

    2007-01-2668,31568,315 total
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2007-01-2675,00075,000 total
    Exercise: $7.25From: 2007-01-26Exp: 2008-06-25Class A Common Stock (75,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2007-01-2637,52437,524 total
    Exercise: $2.01From: 2007-01-26Exp: 2011-10-22Class A Common Stock (37,524 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2007-01-2640,00040,000 total
    Exercise: $13.19From: 2007-01-26Exp: 2010-05-13Class A Common Stock (40,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2007-01-2625,00025,000 total
    Exercise: $12.13From: 2007-01-26Exp: 2008-08-04Class A Common Stock (25,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2007-01-2660,00060,000 total
    Exercise: $1.72From: 2007-01-26Exp: 2011-03-30Class A Common Stock (60,000 underlying)
Footnotes (11)
  • [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 17,078 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 15,000 shares of Harris Stratex Netwrks, Inc. Class A common stock for $6.88 per share.
  • [F11]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 30,000 shares of Harris Stratex Networks, Inc. Class A common stock for $16.04 per share.
  • [F2]The option was assumed by Harris Stratex Networks, Inc. in the Merger and replaced with an option to purchase 11,250 shares of Harris Stratex Netwrks, Inc. Class A common stock for $120.25 per share.
  • [F3]The option was assumed by Harris Stratex Networks, Inc. in the Merger and replaced with an option to purchase 10,000 shares of Harris Stratex Netwrks, Inc. Class A common stock for $52.75 per share.
  • [F4]The option was assumed by Harris Stratex Networks, Inc. in the Merger and replaced with an option to purchase 18,750 shares of Harris Stratex Netwrks, Inc. Class A common stock for $29.00 per share.
  • [F5]The option was assumed by Harris Stratex Networks, Inc. in the Merger and replaced with an option to purchase 6,250 shares of Harris Stratex Netwrks, Inc. Class A common stock for $48.50per share.
  • [F6]The option was assumed by Harris Stratex Networks, Inc. in the Merger and replaced with an option to purchase 11,250 shares of Harris Stratex Netwrks, Inc. Class A common stock for $24.40 per share.
  • [F7]The option was assumed by Harris Stratex Networks, Inc. in the Merger and replaced with an option to purchase 9,381 shares of Harris Stratex Netwrks, Inc. Class A common stock for $8.04 per share.
  • [F8]The option was assumed by Harris Stratex Networks, Inc. in the Merger and replaced with an option to purchase 25,000 shares of Harris Stratex Netwrks, Inc. Class A common stock for $8.20 per share.
  • [F9]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 47,500 shares of Harris Stratex Networks, Inc. Class A common stock for $17.52 per share.

Issuer

STRATEX NETWORKS INC

CIK 0000812703

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000812703

Filing Metadata

Form type
4
Filed
Jan 29, 7:00 PM ET
Accepted
Jan 30, 9:59 PM ET
Size
28.5 KB