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RUCKUS WIRELESS INC 4

Accession 0001209191-14-066697

CIK 0001294016operating

Filed

Nov 4, 7:00 PM ET

Accepted

Nov 5, 5:00 PM ET

Size

15.7 KB

Accession

0001209191-14-066697

Insider Transaction Report

Form 4
Period: 2014-11-03
MAYNARD DENIS
V.P.Sales and Field Operations
Transactions
  • Exercise/Conversion

    Stock Option (Right to Buy)

    2014-11-0335,000136,500 total
    Exercise: $1.98Exp: 2021-09-14Common Stock (35,000 underlying)
  • Exercise/Conversion

    Stock Option (Right to Buy)

    2014-11-032,00081,320 total
    Exercise: $5.71Exp: 2022-06-27Common Stock (2,000 underlying)
  • Exercise/Conversion

    Common Stock

    2014-11-03$1.98/sh+35,000$69,30065,186 total
  • Sale

    Common Stock

    2014-11-03$12.97/sh35,000$454,00630,186 total
  • Exercise/Conversion

    Common Stock

    2014-11-03$5.71/sh+2,000$11,42032,186 total
  • Sale

    Common Stock

    2014-11-03$12.97/sh2,000$25,94330,186 total
Footnotes (5)
  • [F1]The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 30, 2014.
  • [F2]This sale price represents the weighted average sale price of the shares sold ranging from $12.80 to $13.12 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
  • [F3]Represents restricted stock units granted to the reporting person. Each restricted stock unit represents a contingent right to receive one share of Issuer's Common Stock.
  • [F4]The Option shares shall vest as follows: one-fourth (1/4th) of the shares vest one year after August 29, 2011; the balance of the shares vest in a series of thirty-six (36) successive equal monthly installments measured from the first anniversary of August 29, 2011, subject to Reporting Person's Continuous Service (as defined in the Issuer's 2002 Stock Plan) as of each such date.
  • [F5]The Option shares shall vest as follows: 10% of the total Option shall vest in the first 12 months following June 28, 2012 at a rate of 1/12th of 10% of the total Option, 20% of total Option shall vest in months 13 through 24 following June 28, 2012 at a rate of 1/12th of 20% of total Option, 30% of total Option shall vest in months 25 through 36 following June 28, 2012 at a rate of 1/12th of 30% of total Option, and 40% of total Option shall vest in months 37 through 48 following June 28, 2012 at a rate of 1/12th of 40% of total Option, subject to Reporting Person's Continuous Service (as defined in the Issuer's 2012 Equity Incentive Plan) as of each date.

Issuer

RUCKUS WIRELESS INC

CIK 0001294016

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001294016

Filing Metadata

Form type
4
Filed
Nov 4, 7:00 PM ET
Accepted
Nov 5, 5:00 PM ET
Size
15.7 KB