4//SEC Filing
BRAUNEIS PAUL F 4
Accession 0001209191-11-036737
CIK 0001092367other
Filed
Jun 28, 8:00 PM ET
Accepted
Jun 29, 4:09 PM ET
Size
15.3 KB
Accession
0001209191-11-036737
Insider Transaction Report
Form 4
BRAUNEIS PAUL F
CFO, VP Finance & Admin, Treas
Transactions
- Sale
Common Stock
2011-06-28$22.51/sh−24,500$551,475→ 0 total - Exercise/Conversion
Common Stock
2011-06-27$20.46/sh+500$10,230→ 500 total - Exercise/Conversion
Common Stock
2011-06-28$20.46/sh+24,500$501,258→ 24,500 total - Award
Non-Qualified Stock Option (Right to Buy)
2011-06-28−24,500→ 109,460 totalExercise: $20.46From: 2008-11-12Exp: 2017-11-12→ Common Stock (24,500 underlying) - Sale
Common Stock
2011-06-27$22.50/sh−500$11,250→ 0 total - Award
Non-Qualified Stock Option (Right to Buy)
2011-06-27−500→ 133,960 totalExercise: $20.46From: 2008-11-12Exp: 2017-11-12→ Common Stock (500 underlying)
Footnotes (4)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 16, 2011.
- [F2]This transaction was executed in multiple trades at prices ranging from $22.50 to $22.56 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 November 12, 2008 and 5% quarterly thereafter. Option will become fully vested on November 12, 2012.
Documents
Issuer
SYCAMORE NETWORKS INC
CIK 0001092367
Entity typeother
Related Parties
1- filerCIK 0001015996
Filing Metadata
- Form type
- 4
- Filed
- Jun 28, 8:00 PM ET
- Accepted
- Jun 29, 4:09 PM ET
- Size
- 15.3 KB