4//SEC Filing
IKANOS COMMUNICATIONS, INC. 4
Accession 0001219210-15-000084
CIK 0001219210operating
Filed
Mar 24, 8:00 PM ET
Accepted
Mar 25, 6:15 PM ET
Size
16.4 KB
Accession
0001219210-15-000084
Insider Transaction Report
Form 4
Bencala Dennis
VP and Chief Financial Officer
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2015-03-23−30,000→ 0 totalExercise: $18.20Exp: 2017-06-14→ Common Stock (30,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2015-03-23−12,500→ 0 totalExercise: $13.90Exp: 2019-10-31→ Common Stock (12,500 underlying) - Award
Stock Option (right to buy)
2015-03-23+20,400→ 20,400 totalExercise: $2.80Exp: 2022-03-23→ Common Stock (20,400 underlying) - Award
Stock Option (right to buy)
2015-03-23+24,000→ 24,000 totalExercise: $2.80Exp: 2022-03-23→ Common Stock (24,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2015-03-23−5,500→ 0 totalExercise: $12.70Exp: 2018-08-03→ Common Stock (5,500 underlying) - Disposition to Issuer
Stock Option (right to buy)
2015-03-23−7,500→ 0 totalExercise: $13.20Exp: 2020-07-30→ Common Stock (7,500 underlying)
Footnotes (5)
- [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, an option granted to the Reporting Person on 06/14/2010. In exchange for the option to purchase 30,000 shares, the Reporting Person received a new option to purchase 24,000 shares at a lower exercise price.
- [F3]These options vest monthly over 24 months.
- [F4]On March 23, 2015, the Issuer canceled, pursuant to the Issuer's option exchange program, options granted to the Reporting Person on 08/03/2011, 10/31/2012, and 07/30/13. In exchange for these options to cumulatively purchase 25,500 shares, the Reporting Person received a new option to purchase 20,400 shares at a lower exercise price.
- [F5]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, 6:15 PM ET
- Size
- 16.4 KB