4//SEC Filing
OYE KEVIN 4
Accession 0001209191-12-011249
CIK 0001092367other
Filed
Feb 16, 7:00 PM ET
Accepted
Feb 17, 4:29 PM ET
Size
18.9 KB
Accession
0001209191-12-011249
Insider Transaction Report
Form 4
OYE KEVIN
VP, Systems and Technology
Transactions
- Exercise/Conversion
Common Stock
2012-02-15$17.70/sh+2,540$44,959→ 2,949 total - Exercise/Conversion
Common Stock
2012-02-15$17.39/sh+250$4,347→ 409 total - Sale
Common Stock
2012-02-15$20.00/sh−2,790$55,800→ 159 total - Sale
Common Stock
2012-02-16$20.01/sh−9,713$194,316→ 159 total - Award
Non-Qualified Stock Option (Right to Buy)
2012-02-15−2,540→ 3,340 totalExercise: $17.70From: 2002-07-29Exp: 2012-04-29→ Common Stock (2,540 underlying) - Exercise/Conversion
Common Stock
2012-02-16$17.39/sh+9,713$168,890→ 9,872 total - Award
Non-Qualified Stock Option (Right to Buy)
2012-02-15−250→ 106,801 totalExercise: $17.39From: 2002-07-29Exp: 2012-04-29→ Common Stock (250 underlying) - Award
Non-Qualified Stock Option (Right to Buy)
2012-02-16−9,713→ 97,088 totalExercise: $17.39From: 2002-07-29Exp: 2012-04-29→ Common Stock (9,713 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 17, 2011.
- [F2]This transaction was executed in multiple trades at prices ranging from $20.00 to $20.05 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 8.33% on July 29, 2002 and 8.33% quarterly thereafter. Options became fully vested on April 29, 2005.
Documents
Issuer
SYCAMORE NETWORKS INC
CIK 0001092367
Entity typeother
Related Parties
1- filerCIK 0001208456
Filing Metadata
- Form type
- 4
- Filed
- Feb 16, 7:00 PM ET
- Accepted
- Feb 17, 4:29 PM ET
- Size
- 18.9 KB