MERU NETWORKS INC 4
4 · MERU NETWORKS INC · Filed Jul 10, 2015
Insider Transaction Report
Form 4
KURTZWEIL JOHN T
Director
Transactions
- Disposition to Issuer
Restricted Stock Units
2015-07-08−102,158→ 0 totalExercise: $0.00Exp: 2025-05-20→ Common Stock (102,158 underlying) - Exercise/Conversion
Common Stock
2015-07-08+102,158→ 102,158 total
Footnotes (2)
- [F1]Restricted Stock Units (RSU) became fully vested and were settled for shares of Meru Networks Common Stock immediately prior to the consummation of the Merger of Meru Networks and Merger Sub (the "Merger") pursuant to the Agreement and Plan of Merger, dated as of May 27, 2015, by and among Fortinet, Inc., ("Parent"), Malbrouck Acquisition Corp., a wholly-owned subsidiary of Parent ("Merger Sub"), and Meru Networks, Inc.
- [F2]Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of common stock of the issuer upon vesting.