IKANOS COMMUNICATIONS, INC. 4
4 · IKANOS COMMUNICATIONS, INC. · Filed Feb 13, 2015
Insider Transaction Report
Form 4
Bencala Dennis
VP and Chief Financial Officer
Transactions
- Award
Stock Option (right to buy)
2015-02-11+294,760→ 294,760 totalExercise: $0.41Exp: 2022-02-11→ Common Stock (294,760 underlying) - Award
Restricted Stock Units
2015-02-11+339,040→ 339,040 totalExercise: $0.00→ Common Stock (339,040 underlying)
Footnotes (4)
- [F1]25% of the Shares subject to the option shall vest on the one year anniversary of the vesting commencement date of September 29, 2014 and 6.25% of the shares shall vest on each subsequent three (3) month anniversary of the vesting commencement date, subject to the Reporting Person continuing to be a service provider through each such date.
- [F2]Each restricted stock unit represents a contingent right to receive one share of IKAN common stock.
- [F3]1/3 of this grant will vest on October 26, 2015 and 1/6 every six months thereafter. Vested shares will be delivered to the Reporting Person following each vest date.
- [F4]No expiration date.