4//SEC Filing
Verma Sanjeev 4
Accession 0001209191-10-022010
CIK 0001116435other
Filed
Apr 12, 8:00 PM ET
Accepted
Apr 13, 12:35 PM ET
Size
28.7 KB
Accession
0001209191-10-022010
Insider Transaction Report
Form 4
AIRVANA INCAIRV
Verma Sanjeev
DirectorVP Marketing and Business Dev.
Transactions
- Disposition to Issuer
Common Stock
2010-04-09−109,367→ 0 total(indirect: See footnote) - Disposition to Issuer
Common Stock
2010-04-09−131,319→ 206,265 total(indirect: See footnote) - Disposition to Issuer
Common Stock
2010-04-09−129,145→ 0 total(indirect: See footnote) - Disposition to Issuer
Common Stock
2010-04-09−645,458→ 965,982 total - Disposition to Issuer
Common Stock
2010-04-09−245,948→ 129,145 total(indirect: See footnote) - Disposition to Issuer
Common Stock
2010-04-09−965,982→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2010-04-09$2.32/sh−65,000$150,800→ 0 totalExercise: $5.33Exp: 2019-02-09→ Common Stock (65,000 underlying) - Gift
Common Stock
2010-04-05−3,268→ 112,635 total(indirect: See footnote) - Gift
Common Stock
2010-04-06−3,268→ 109,367 total(indirect: See footnote) - Disposition to Issuer
Common Stock
2010-04-09−206,265→ 0 total(indirect: See footnote) - Disposition to Issuer
Stock Option (Right to Buy)
2010-04-09$5.22/sh−13,871$72,365→ 0 totalExercise: $2.43Exp: 2016-08-20→ Common Stock (13,871 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2010-04-09$2.44/sh−45,000$109,800→ 0 totalExercise: $5.21Exp: 2018-02-03→ Common Stock (45,000 underlying)
Footnotes (11)
- [F1]Held by the Reporting Person's spouse. The Reporting Person disclaims beneficial ownership of the securities indicated to the extent to which such person does not have an actual pecuniary interest in such securities.
- [F10]This option, which provided for vesting as to 25% of the underlying shares on February 4, 2009 and as to an additional 6.25% each three-month period thereafter until the fourth anniversary of the date of grant, was canceled in the merger in exchange for a cash payment of $109,800 representing the difference between the exercise price of the option and the market value of the underlying common stock on the effective date of the merger ($7.65 per share).
- [F11]This option, which provided for vesting as to 25% of the underlying shares on February 10, 2010 and as to an additional 6.25% each three-month period thereafter until the fourth anniversary of the date of grant, was canceled in the merger in exchange for a cash payment of $150,800 representing the difference between the exercise price of the option and the market value of the underlying common stock on the effective date of the merger ($7.65 per share).
- [F2]Disposed of pursuant to the Agreement and Plan of Merger, dated as of December 17, 2009, by and among the issuer, 72 Mobile Holdings, LLC and 72 Mobile Acquisition Corp. in exchange for a cash payment of $4,937,753.70 ($7.65 per share) on the effective date of the merger.
- [F3]Disposed of pursuant to the Agreement and Plan of Merger, dated as of December 17, 2009, by and among the issuer, 72 Mobile Holdings, LLC and 72 Mobile Acquisition Corp. in exchange for a cash payment of $836,657.55 ($7.65 per share) on the effective date of the merger.
- [F4]Disposed of pursuant to the Agreement and Plan of Merger, dated as of December 17, 2009, by and among the issuer, 72 Mobile Holdings, LLC and 72 Mobile Acquisition Corp. in exchange for a cash payment of $1,881,502.20 ($7.65 per share) on the effective date of the merger.
- [F5]Held by the C.H. 2008 Trust, a qualified annuity trust, for which the Reporting Person is trustee. The Reporting Person disclaims beneficial ownership of the securities indicated to the extent to which such person does not have an actual pecuniary interest in such securities.
- [F6]Disposed of pursuant to the Agreement and Plan of Merger, dated as of December 17, 2009, by and among the issuer, 72 Mobile Holdings, LLC and 72 Mobile Acquisition Corp. in exchange for a cash payment of $1,004,590.35 ($7.65 per share) on the effective date of the merger.
- [F7]Held by the Cape Himalaya Trust, for which the Reporting Person's spouse is trustee. The Reporting Person disclaims beneficial ownership of the securities indicated to the extent to which such person does not have an actual pecuniary interest in such securities.
- [F8]Disposed of in connection with the Agreement and Plan of Merger, dated as of December 17, 2009, by and among the issuer, 72 Mobile Holdings, LLC ("Parent") and 72 Mobile Acquisition Corp., at a value of $7.65 per share for units in Parent.
- [F9]This option, which provided for vesting as to 20% of the shares of common stock subject to this option on August 21, 2007 and the remaining 80% of the shares to vest in equal quarterly installments over the succeeding four years, was canceled in the merger in exchange for a cash payment of $72,365.00 representing the difference between the exercise price of the option and the market value of the underlying common stock on the effective date of the merger ($7.65 per share).
Documents
Issuer
AIRVANA INC
CIK 0001116435
Entity typeother
Related Parties
1- filerCIK 0001405219
Filing Metadata
- Form type
- 4
- Filed
- Apr 12, 8:00 PM ET
- Accepted
- Apr 13, 12:35 PM ET
- Size
- 28.7 KB