4//SEC Filing
Rau Mark W 4
Accession 0001209191-10-022014
CIK 0001116435other
Filed
Apr 12, 8:00 PM ET
Accepted
Apr 13, 12:41 PM ET
Size
14.0 KB
Accession
0001209191-10-022014
Insider Transaction Report
Form 4
AIRVANA INCAIRV
Rau Mark W
VP Engineering
Transactions
- 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) - Disposition to Issuer
Stock Option (Right to Buy)
2010-04-09$6.14/sh−462,339$2,836,912→ 0 totalExercise: $1.51Exp: 2014-10-27→ Common Stock (462,339 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2010-04-09$5.22/sh−46,232$241,192→ 0 totalExercise: $2.43Exp: 2016-08-20→ Common Stock (46,232 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2010-04-09$2.44/sh−100,000$244,000→ 0 totalExercise: $5.21Exp: 2018-02-03→ Common Stock (100,000 underlying)
Footnotes (4)
- [F1]This option, which provided for vesting as to 20% of the shares of common stock subject to this option on September 14, 2005 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 $2,836,912.10 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]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 $241,192.34 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).
- [F3]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 $244,000 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).
- [F4]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).
Documents
Issuer
AIRVANA INC
CIK 0001116435
Entity typeother
Related Parties
1- filerCIK 0001405230
Filing Metadata
- Form type
- 4
- Filed
- Apr 12, 8:00 PM ET
- Accepted
- Apr 13, 12:41 PM ET
- Size
- 14.0 KB