OCCAM NETWORKS INC/DE 4
4 · OCCAM NETWORKS INC/DE · Filed Dec 2, 2009
Insider Transaction Report
Form 4
YOUNG PHILIP M
10% Owner
Transactions
- Sale
Common Stock
2009-11-30$4.03/sh−14,824$59,741→ 0 total
Footnotes (3)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.00 to $4.21, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote 1 to this Form 4
- [F2]As previously reported, 3,110,893 shares are held directly by US Venture Partners VII, L.P. (USVP VII), USVP Entrepreneur Partners VII-A, L.P. ("EP VII-A"), USVP Entrepreneur Partners VII-B, L.P. ("EP VII-B"), and 2180 Associates Fund VII, L.P. ("2180 VII"). Presidio Management Group VII, LLC ("PMG VII"), the general partner of USVP VII, EP VII-A, EP VII-B and 2180 VII, and Irwin Federman, Steven M. Krausz, Jonathan D. Root, Philip M. Young, Winston Fu and David Liddle the managing members of PMG VII, may be deemed to share voting and dispositive power over the shares held by USVP VII, EP VII-A, EP VII-B and 2180 VII. Such persons and entities disclaim beneficial ownership of shares held by USVP VII, EP VII-A, EP VII-B and 2180 VII except to the extent of any pecuniary interest therein.
- [F3]As previously reported, no shares are held directly by US 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") or Presidio Management Group V, LLC ("PMG V"), the general partner of USVP V, V Int'l, 2180 V and EP V. As previously reported, Irwin Federman, Steven M. Krausz, Jonathan D. Root and Philip M. Young, the managing members of PMG V, have received an in-kind distribution from USVP V, V Int'l, 2180 V, EP V or PMG V based on their interests in these entities.