DESHPANDE JAISHREE 4
4 · AIRVANA INC · Filed Apr 13, 2010
Insider Transaction Report
Form 4
AIRVANA INCAIRV
DESHPANDE JAISHREE
10% Owner
Transactions
- Disposition to Issuer
Common Stock
2010-04-09−8,598,069→ 0 total(indirect: See foonote.)
Footnotes (2)
- [F1]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 $65,775,227.85($7.65 per share) on the effective date of the merger.
- [F2]Held by Sparta Group MA LLC Series 5. Jaishree Deshpande and her spouse, Gururaj Deshpande, a director of Airvana, Inc., are Managers of Sparta Group MA LLC Series 5. Each of Jaishree Deshpande and Gururaj Deshpande disclaims beneficial ownership of these securities except to the extent of any pecuniary interest therein.