4//SEC Filing
IKANOS COMMUNICATIONS, INC. 4
Accession 0001219210-15-000094
CIK 0001219210operating
Filed
Mar 24, 8:00 PM ET
Accepted
Mar 25, 6:20 PM ET
Size
18.8 KB
Accession
0001219210-15-000094
Insider Transaction Report
Form 4
Pavlov George
Director10% Owner
Transactions
- Award
Director Stock Option (right to buy)
2015-03-23+3,600→ 3,600 totalExercise: $2.80Exp: 2022-03-23→ Common Stock (3,600 underlying) - Disposition to Issuer
Director Stock Option (right to buy)
2015-03-23−1,500→ 0 totalExercise: $7.50Exp: 2019-06-05→ Common Stock (1,500 underlying) - Disposition to Issuer
Director Stock Option (right to buy)
2015-03-23−1,500→ 0 totalExercise: $19.10Exp: 2016-12-21→ Common Stock (1,500 underlying) - Disposition to Issuer
Director Stock Option (right to buy)
2015-03-23−3,000→ 0 totalExercise: $17.70Exp: 2019-08-24→ Common Stock (3,000 underlying) - Disposition to Issuer
Director Stock Option (right to buy)
2015-03-23−1,950→ 0 totalExercise: $12.40Exp: 2020-06-04→ Common Stock (1,950 underlying) - Disposition to Issuer
Director Stock Option (right to buy)
2015-03-23−1,000→ 0 totalExercise: $14.10Exp: 2018-06-07→ Common Stock (1,000 underlying) - Award
Director Stock Option (right to buy)
2015-03-23+3,560→ 3,560 totalExercise: $2.80Exp: 2022-03-23→ Common Stock (3,560 underlying)
Footnotes (7)
- [F1]The canceled option provided for vesting as follows: 25% of the shares vest one year from the transaction date and 1/48th of the shares vest each month thereafter on the same date of the month as the vesting commencement date.
- [F2]On March 23, 2015, the Issuer canceled, pursuant to the Issuer's option exchange program, options granted to the Reporting Person on 08/24/2009 and 12/21/2009. In exchange for these options to cumulatively purchase 4,500 shares, the Reporting Person received a new option to purchase 3,600 shares at a lower exercise price.
- [F3]The canceled option provided for vesting as follows: over three years at the rate of 1/36 each month on the same day of the month as the transaction date.
- [F4]These options vest monthly over 24 months.
- [F5]The canceled option provided for vesting as follows: monthly over 12 months.
- [F6]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.
- [F7]These options vest monthly over 12 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, 6:20 PM ET
- Size
- 18.8 KB