PHILLIPS STUART G 4
4 · OCCAM NETWORKS INC/DE · Filed Nov 21, 2003
Insider Transaction Report
Form 4
OCCAM NETWORKS INC/DEOCCM.OB
PHILLIPS STUART G
10% Owner
Transactions
- Award
Series A-2 Preferred Stock
2003-11-19$10.00/sh+20,000$200,000→ 20,000 total(indirect: Directly held by 2180 VII)Exercise: $0.00→ Common Stock (20,000 underlying) - Award
Series A-2 Preferred Stock
2003-11-19$10.00/sh+10,000$100,000→ 10,000 total(indirect: Directly held by EP VII-A)Exercise: $0.00→ Common Stock (10,000 underlying) - Award
Series A-2 Preferred Stock
2003-11-19$10.00/sh+81,819$818,190→ 81,819 total(indirect: Directly held by USVP V)Exercise: $0.00→ Common Stock (81,819 underlying) - Award
Series A-2 Preferred Stock
2003-11-19$10.00/sh+4,546$45,460→ 4,546 total(indirect: Directly held by V Int'l)Exercise: $0.00→ Common Stock (4,546 underlying) - Award
Series A-2 Preferred Stock
2003-11-19$10.00/sh+2,545$25,450→ 2,545 total(indirect: Directly held by 2180 V)Exercise: $0.00→ Common Stock (2,545 underlying) - Award
Series A-2 Preferred Stock
2003-05-29$10.00/sh+2,000$20,000→ 2,000 total(indirect: Directly held by EP V)Exercise: $0.00→ Common Stock (2,000 underlying) - Award
Series A-2 Preferred Stock
2003-11-19$10.00/sh+960,000$9,600,000→ 960,000 total(indirect: Directly held by USVP VII)Exercise: $0.00→ Common Stock (960,000 underlying)
Footnotes (2)
- [F1]Reporting person is a managing member of Presidio Management Group V, L.L.C. ("PMG V") and Presidio Management Group VII, L.L.C. ("PMG VII"). Reporting person may be deemed a beneficial owner of the reported shares but disclaims beneficial ownership in the shares held by U.S. Venture Partners V, L.P. ("USVP V"), USVP V International, L.P. ("V Int'l"), 2180 Associates Fund V, L.P. ("2180 V") USVP V Entrepreneur Partners, L.P. ("EP V"), U.S. Venture Partners VII, L.P. ("USVP VII"), 2180 Associates Fund VII, L.P. ("2180 VII"), USVP Entrepreneur Partners VII-A, L.P. ("EP VII-A"), and USVP Entrepreneur Partners VII-B, L.P. ("EP VII-B"), except to the extent of any indirect pecuniary interest therein.
- [F2]One share of Series A-2 Preferred Stock is convertable into 90.9 shares of common stock at the option of the holder after November 19, 2003. The conversion rate is adjustable dependent upon certain future dilutive events. There is no expiration date associated with these securties.