4//SEC Filing
AVIAT NETWORKS, INC. 4
Accession 0001377789-15-000022
$AVNWCIK 0001377789operating
Filed
Feb 3, 7:00 PM ET
Accepted
Feb 4, 2:45 PM ET
Size
7.9 KB
Accession
0001377789-15-000022
Insider Transaction Report
Form 4
Madigan John
VP, Corp. Controller and PAO
Transactions
- Award
Common Stock
2015-02-02+49,524→ 101,353 total - Award
Non-Qualified Stock Option (right to buy)
2015-02-02+20,000→ 20,000 totalExercise: $1.30Exp: 2022-02-02→ Common Stock (20,000 underlying)
Footnotes (2)
- [F1]Performance share units, which are subject to vesting. Vesting requires both (a) continuing employment with the Corporation, and (b) achievement of at least the minimum performance result for the one-year period set forth in the Specific Terms and Conditions. 1/3 will vest on confirmation of performance metrics achievement expected in August 2015, with 1/3 vesting on February 2, 2016 and 1/3 vesting on February 2, 2017. All shares will cancel if the original performance metrics are not achieved. Unvested performance share units are subject to cancelation by the Corporation at $0.01 per share if eligible employment ends or, following the determination of actual Corporation performance versus metrics, to the extent such performance share units do not vest.
- [F2]Stock options to purchase shares become exercisable if employment with the Corporation continues through the vesting dates. The options will vest as follows: 25% on August 1, 2015 and 2.08% monthly thereafter.
Documents
Issuer
AVIAT NETWORKS, INC.
CIK 0001377789
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001377789
Filing Metadata
- Form type
- 4
- Filed
- Feb 3, 7:00 PM ET
- Accepted
- Feb 4, 2:45 PM ET
- Size
- 7.9 KB