IKANOS COMMUNICATIONS, INC. 4
4 · IKANOS COMMUNICATIONS, INC. · Filed Jan 28, 2015
Insider Transaction Report
Form 4
Murphy Jim
VP, Worldwide Human Resources
Transactions
- Exercise/Conversion
Common Stock
2015-01-26+25,000→ 57,620 total - Tax Payment
Common Stock
2015-01-26$0.36/sh−10,945$3,940→ 46,675 total - Exercise/Conversion
Restricted Stock Units
2015-01-26+25,000→ 25,000 total→ Common Stock (25,000 underlying)
Footnotes (5)
- [F1]Includes 32,620 shares acquired under the Ikanos Communications, Inc. 2004 Employee Stock Purchase Plan between May 2, 2011 and November 3, 2014.
- [F2]The transaction reported on this form represents the vesting of restricted stock units granted on June 9, 2014 and the withholding of shares to satisfy the tax withholding obligation associated with the vesting.
- [F3]The restircited stock units are convertible on a one-for-one basis into Common Stock upon vesting.
- [F4]50% of this grant vested on January 26, 2015, and the remaining 50% will vest on April 23, 2015, subject to continued service by the Reporting Person through the applicable vesting date. Vested shares will be delivered on the applicable vesting date.
- [F5]No expiration date.