CASTONGUAY MAURICE L 4
4 · BigBand Networks, Inc. · Filed Aug 14, 2009
Insider Transaction Report
Form 4
CASTONGUAY MAURICE L
SVP & Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2009-08-13+20,000→ 20,327 total - Sale
Common Stock
2009-08-13$3.92/sh−6,399$25,084→ 13,928 total - Exercise/Conversion
Restricted Stock Units
2009-08-13−20,000→ 20,000 total→ Common Stock (20,000 underlying)
Footnotes (3)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 7, 2009, in order to satisfy any requirements to pay tax obligations related to the vesting and issuance of the shares.
- [F2]Each restricted stock unit represents a contingent right to receive one share of BBND common stock.
- [F3]The restricted stock units vest in two (2) equal annual installments beginning on August 12, 2009. Vested shares will be delivered to the reporting person on or about each such vesting date.