4//SEC Filing
Scully John 4
Accession 0001209191-11-016534
CIK 0001092367other
Filed
Mar 8, 7:00 PM ET
Accepted
Mar 9, 2:27 PM ET
Size
29.2 KB
Accession
0001209191-11-016534
Insider Transaction Report
Form 4
Scully John
Vice President Worldwide Sales
Transactions
- Exercise/Conversion
Common Stock
2011-03-07$18.64/sh+3,945$73,525→ 6,039 total - Sale
Common Stock
2011-03-07$21.05/sh−6,039$127,151→ 0 total - Exercise/Conversion
Common Stock
2011-03-08$18.64/sh+3,000$55,912→ 3,000 total - Sale
Common Stock
2011-03-08$21.02/sh−3,000$63,053→ 0 total - Exercise/Conversion
Non-Qualified Stock Option (Right To Buy)
2011-03-07−3,945→ 92,098 totalExercise: $18.64From: 2007-09-06Exp: 2016-09-06→ Common Stock (3,945 underlying) - Award
Non-Qualified Stock Option (Right To Buy)
2011-03-07+40,000→ 40,000 totalExercise: $20.64From: 2012-03-07Exp: 2021-03-07→ Common Stock (40,000 underlying) - Exercise/Conversion
Non-Qualified Stock Option (Right To Buy)
2011-03-08−3,000→ 89,098 totalExercise: $18.64From: 2007-09-06Exp: 2016-09-06→ Common Stock (3,000 underlying) - Exercise/Conversion
Common Stock
2011-03-07$17.13/sh+2,055$35,197→ 2,094 total - Exercise/Conversion
Non-Qualified Stock Option (Right To Buy)
2011-03-07−2,055→ 0 totalExercise: $17.13From: 2006-09-06Exp: 2011-05-01→ Common Stock (2,055 underlying)
Footnotes (5)
- [F1]This transaction was executed in multiple trades at prices ranging from $21.00 to $21.44 per share. The price reported represents the weighted average sale price of these trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price.
- [F2]This transaction was executed in multiple trades at prices ranging from $21.00 to $21.053 per share. The price reported represents the weighted average sale price of these trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price.
- [F3]Amount takes into account adjustments made to the exercise prices and option awards share numbers following the implementation of the previously announced 1-for-10 reverse stock split of the Company's Common Stock, which became effective at 5:00 p.m., Eastern Time, on December 21, 2009 and the payment of cash distributions of $1.00 and $6.50 per share of Common Stock on December 15, 2009 and December 22, 2010, respectively. Under the terms of the reverse stock split, every ten shares of the Company's issued and outstanding Common Stock immediately prior to the effective time were combined into one share of Common Stock.
- [F4]Options vested 20% on September 6, 2007 and 5% quarterly thereafter. Option will become fully vested on September 6, 2011.
- [F5]Options vest 33.33% on the one year anniversary of the grant and 8.33% quarterly thereafter. Options will become fully vested on the third year anniversary of the grant.
Issuer
SYCAMORE NETWORKS INC
CIK 0001092367
Entity typeother
Related Parties
1- filerCIK 0001374595
Filing Metadata
- Form type
- 4
- Filed
- Mar 8, 7:00 PM ET
- Accepted
- Mar 9, 2:27 PM ET
- Size
- 29.2 KB