4//SEC Filing
IKANOS COMMUNICATIONS, INC. 4
Accession 0001219210-15-000080
CIK 0001219210operating
Filed
Mar 24, 8:00 PM ET
Accepted
Mar 25, 6:13 PM ET
Size
10.0 KB
Accession
0001219210-15-000080
Insider Transaction Report
Form 4
Krometis Stuart
See Remarks
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2015-03-23−2,000→ 0 totalExercise: $13.20Exp: 2020-07-30→ Common Stock (2,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2015-03-23−32,500→ 0 totalExercise: $15.90Exp: 2020-05-06→ Common Stock (32,500 underlying) - Award
Stock Option (right to buy)
2015-03-23+27,600→ 27,600 totalExercise: $2.80Exp: 2022-03-23→ Common Stock (27,600 underlying)
Footnotes (3)
- [F1]The canceled option provided for vesting as follows: 25% of the shares subject to the option vest on the one year anniversary of the transaction date and 6.25% of the shares vest on each subsequent three (3) month anniversary of the transaction date, subject to the Reporting Person continuing to be a service provider through each such date.
- [F2]On March 23, 2015, the Issuer canceled, pursuant to the Issuer's option exchange program, options granted to the Reporting Person on 05/06/2013 and 07/30/2013. In exchange for these options to cumulatively purchase 34,500 shares, the Reporting Person received a new option to purchase 27,600 shares at a lower exercise price.
- [F3]These options vest monthly over 36 months.
Documents
Issuer
IKANOS COMMUNICATIONS, INC.
CIK 0001219210
Entity typeoperating
Related Parties
1- filerCIK 0001219210
Filing Metadata
- Form type
- 4
- Filed
- Mar 24, 8:00 PM ET
- Accepted
- Mar 25, 6:13 PM ET
- Size
- 10.0 KB