IKANOS COMMUNICATIONS, INC. 4

4 · IKANOS COMMUNICATIONS, INC. · Filed Mar 25, 2015

Form 4

Period: 2015-03-23

Director

Transactions

Disposition to Issuer
Director Stock Option (right to buy)
2015-03-23−1,500→ 0 total
Exercise: $7.50Exp: 2019-06-05→ Common Stock (1,500 underlying)
Award
Director Stock Option (right to buy)
2015-03-23+3,600→ 3,600 total
Exercise: $2.80Exp: 2022-03-23→ Common Stock (3,600 underlying)
Disposition to Issuer
Director Stock Option (right to buy)
2015-03-23−1,950→ 0 total
Exercise: $12.40Exp: 2020-06-04→ Common Stock (1,950 underlying)
Disposition to Issuer
Director Stock Option (right to buy)
2015-03-23−4,500→ 0 total
Exercise: $32.10Exp: 2017-04-05→ Common Stock (4,500 underlying)
Disposition to Issuer
Director Stock Option (right to buy)
2015-03-23−1,000→ 0 total
Exercise: $14.10Exp: 2018-06-07→ Common Stock (1,000 underlying)
Award
Director Stock Option (right to buy)
2015-03-23+3,560→ 3,560 total
Exercise: $2.80Exp: 2022-03-23→ Common Stock (3,560 underlying)

Footnotes (6)

[F1]The canceled option provided for vesting as follows: one third on the one year anniversary of the transaction date and one twelve of the shares vest each quarter thereafter on the same day of the month as the transaction date.
[F2]On March 23, 2015, the Issuer canceled, pursuant to the Issuer's option exchange program, options granted to the Reporting Person on 04/05/2010. In exchange for the option to purchase 4,500 shares, the Reporting Person received a new option to purchase 3,600 shares at a lower exercise price.
[F3]These options vest monthly over 24 months.
[F4]The canceled option provided for vesting as follows: monthly over 12 months.
[F5]On March 23, 2015, the Issuer canceled, pursuant to the Issuer's option exchange program, options granted to the Reporting Person on 06/07/2011, 06/05/2012, and 06/04/2013. In exchange for these options to cumulatively purchase 4,450 shares, the Reporting Person received a new option to purchase 3,560 shares at a lower exercise price.
[F6]These options vest monthly over 12 months.

Documents

1 file