IKANOS COMMUNICATIONS, INC. 4
4 · IKANOS COMMUNICATIONS, INC. · Filed Feb 6, 2015
Insider Transaction Report
Form 4
LAX FREDERICK M
Director
Transactions
- Exercise Out-of-Money
Common Stock
2015-02-04$0.41/sh+33,573$13,765→ 56,573 total - Exercise Out-of-Money
Subscription Rights (right to buy)
2015-02-04−23,000→ 0 totalExercise: $0.41From: 2014-11-26Exp: 2015-02-04→ Common Stock (33,573 underlying)
Footnotes (1)
- [F1]Represents the purchase of common stock pursuant to the exercise of the Reporting Person's basic subscription rights and over-subscription rights in the Issuer's rights offering pursuant to the Prospectus dated November 26, 2014 (the "Rights Offering"). Pursuant to the Rights Offering, each basic subscription right entitled the holder to purchase 1.459707 shares of the Issuer's common stock for each whole share of common stock owned at 5:00 p.m., Eastern Time, on September 26, 2014. The Rights Offering expired on February 4, 2015.