RUCKUS WIRELESS INC 4
4 · RUCKUS WIRELESS INC · Filed Dec 9, 2014
Insider Transaction Report
Form 4
MAYNARD DENIS
V.P.Sales and Field Operations
Transactions
- Exercise/Conversion
Common Stock
2014-12-05$5.71/sh+2,000$11,420→ 32,186 total - Exercise/Conversion
Stock Option (Right to Buy)
2014-12-05−2,000→ 79,320 totalExercise: $5.71Exp: 2022-06-27→ Common Stock (2,000 underlying) - Sale
Common Stock
2014-12-05$12.00/sh−2,000$24,000→ 30,186 total
Footnotes (3)
- [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]Includes 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.
- [F3]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.