IKANOS COMMUNICATIONS, INC. 4
4 · IKANOS COMMUNICATIONS, INC. · Filed Jan 29, 2015
Insider Transaction Report
Form 4
Bencala Dennis
VP and Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2015-01-28+37,500→ 60,500 total - Exercise/Conversion
Restricted Stock Units
2015-01-28+37,500→ 37,500 total→ Common Stock (37,500 underlying) - Tax Payment
Common Stock
2015-01-28$0.35/sh−16,417$5,746→ 44,083 total
Footnotes (4)
- [F1]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.
- [F2]The restircited stock units are convertible on a one-for-one basis into Common Stock upon vesting.
- [F3]50% of this grant vested on January 28, 2015, and the remaining 50% will vest on April 27, 2015, subject to continued service by the Reporting Person through the vesting date. Vested shares will be delivered on the vesting date.
- [F4]No expiration date.