4//SEC Filing
Oz Ran 4
Accession 0001209191-10-056221
CIK 0001381325other
Filed
Nov 18, 7:00 PM ET
Accepted
Nov 19, 7:24 PM ET
Size
25.6 KB
Accession
0001209191-10-056221
Insider Transaction Report
Form 4
Oz Ran
DirectorEVP & Chief Technology Officer
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2010-11-18−187,500→ 0 totalExercise: $5.28Exp: 2016-11-01→ Common Stock (187,500 underlying) - Award
Restricted Stock Units
2010-11-18+62,500→ 62,500 totalExp: 2020-11-17→ Common Stock (62,500 underlying) - Disposition to Issuer
Stock Option (right to buy)
2010-11-18−62,500→ 0 totalExercise: $5.28Exp: 2016-11-07→ Common Stock (62,500 underlying) - Sale
Common Stock
2010-11-18$2.88/sh−12,157$35,010→ 205,566 total(indirect: Oz Holdings Ltd.) - Exercise/Conversion
Common Stock
2010-11-19+6,623→ 44,058 total - Exercise/Conversion
Common Stock
2010-11-19+24,503→ 37,435 total - Award
Restricted Stock Units
2010-11-18+20,833→ 20,833 totalExp: 2020-11-17→ Common Stock (20,833 underlying) - Exercise/Conversion
Restricted Stock Units
2010-11-19−24,503→ 73,509 totalExp: 2019-05-18→ Common Stock (24,503 underlying) - Exercise/Conversion
Restricted Stock Units
2010-11-19−6,623→ 33,114 totalExp: 2019-05-18→ Common Stock (6,623 underlying) - Sale
Common Stock
2010-11-17$2.85/sh−12,157$34,635→ 217,723 total(indirect: Oz Holdings Ltd.)
Footnotes (11)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 23, 2009.
- [F10]The restricted stock units vest in six (6) equal semi-annual installments beginning on November 19, 2009. Vested shares will be delivered to the reporting person on or about each such vesting date.
- [F11]The restricted stock units vest in eight (8) equal semi-annual installments beginning on November 19, 2009. Vested shares will be delivered to the reporting person on or about each such vesting date.
- [F2]Reflects the weighted average sale price, with the range of sale prices from $2.84 to $2.88 per share. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request of the SEC Staff, the issuer or any security holder of the issuer.
- [F3]Reflects the weighted average sale price, with the range of sale prices from $2.85 to $2.92 per share. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request of the SEC Staff, the issuer or any security holder of the issuer.
- [F4]The option vested as to 1/36 of the shares each month beginning on December 1, 2007.
- [F5]On November 18, 2010, pursuant to the issuer's option exchange program, the issuer canceled an option for 187,500 shares of BBND common stock granted to the reporting person on November 2, 2006. In exchange, the reporting person received 62,500 restricted stock units.
- [F6]Each restricted stock unit represents a contingent right to receive one share of BBND common stock.
- [F7]The restricted stock units vest as to 1/3 of the shares on the dates that are 9 months, 18 months and 27 months from the date of grant. Vested shares will be delivered to the reporting person on or about each such vesting date.
- [F8]The option vested as to 1/4 of the shares on October 1, 2004 and 1/48 of the shares each month thereafter.
- [F9]On November 18, 2010, pursuant to the issuer's option exchange program, the issuer canceled an option for 62,500 shares of BBND common stock granted to the reporting person on November 8, 2006. In exchange, the reporting person received 20,833 restricted stock units.
Documents
Issuer
BigBand Networks, Inc.
CIK 0001381325
Entity typeother
Related Parties
1- filerCIK 0001393137
Filing Metadata
- Form type
- 4
- Filed
- Nov 18, 7:00 PM ET
- Accepted
- Nov 19, 7:24 PM ET
- Size
- 25.6 KB