4//SEC Filing
IKANOS COMMUNICATIONS, INC. 4
Accession 0001219210-15-000163
CIK 0001219210operating
Filed
Sep 28, 8:00 PM ET
Accepted
Sep 29, 4:55 PM ET
Size
7.4 KB
Accession
0001219210-15-000163
Insider Transaction Report
Form 4
FAIZULLABHOY DANIAL
Director
Transactions
- Disposition to Issuer
Director Stock Option (right to buy)
2015-09-28−5,000→ 0 totalExercise: $1.84Exp: 2022-05-28→ Common Stock (5,000 underlying) - Disposition from Tender
Common Stock
2015-09-28−11,743→ 0 total
Footnotes (2)
- [F1]Disposed of pursuant to an Agreement and Plan of Merger (the "Merger Agreement"), dated August 5, 2015, among the Issuer, Qualcomm Atheros, Inc. ("Parent"), and King Acquisition Co., a wholly-owned subsidiary of Parent ("Merger Sub") in exchange for cash consideration of $2.75 per share, without interest (less any applicable withholding taxes). Pursuant to the Merger Agreement, Merger Sub merged with and into the Issuer, with the Issuer continuing as the surviving corporation (the "Merger").
- [F2]This Director Stock Option, which provided for vesting in 12 equal monthly installments beginning on May 28, 2015, was cancelled on the effective date of the Merger in exchange for a cash payment representing the difference between the exercise price of such stock option and $2.75 per share.
Documents
Issuer
IKANOS COMMUNICATIONS, INC.
CIK 0001219210
Entity typeoperating
Related Parties
1- filerCIK 0001219210
Filing Metadata
- Form type
- 4
- Filed
- Sep 28, 8:00 PM ET
- Accepted
- Sep 29, 4:55 PM ET
- Size
- 7.4 KB