4//SEC Filing
AVIAT NETWORKS, INC. 4
Accession 0001377789-16-000186
$AVNWCIK 0001377789operating
Filed
Sep 25, 8:00 PM ET
Accepted
Sep 26, 6:20 PM ET
Size
8.6 KB
Accession
0001377789-16-000186
Insider Transaction Report
Form 4
Stumpe Heinz
SVP, Chief Operating Officer
Transactions
- Disposition to Issuer
Common Stock
2015-08-19−5,613→ 26,651 total - Award
Common Stock
2016-09-22+9,960→ 36,611 total - Award
Common Stock
2016-09-22+9,147→ 45,758 total
Footnotes (3)
- [F1]Performance shares subject to vesting based on the achievement of certain performance targets by the Corporation during the Corporation's fiscal year 2015. The performance targets were not achieved, and as a result, the beneficial ownership decreased by 5,613 shares.
- [F2]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 and time result for thethree-year period set forth in the Specific Terms and Conditions. Once shares have achieved their performance components, they will vest 3 years from the date of grant. Unvested performance share units are subject to cancellation by the Corporation at $0.01 per share if eligible employment ends or, following the determination of achievement of performance measures.
- [F3]100% of the shares subject to the award shall vest three years from the grant date, contingent upon continued employment.
Documents
Issuer
AVIAT NETWORKS, INC.
CIK 0001377789
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001377789
Filing Metadata
- Form type
- 4
- Filed
- Sep 25, 8:00 PM ET
- Accepted
- Sep 26, 6:20 PM ET
- Size
- 8.6 KB