SEC Form 4 · accession 0001120295-15-000025
IXIA · XXIA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew S Alexander
Officer — Sr. VP: See remarks
Period of report
Feb 27, 2015
Accepted (ET)
Mar 3, 2015 · 7:20 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001120295
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 27, 2015 | A | 10,000 | $0.00 | A | 27,640 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F2 | $11.38 | Feb 27, 2015 | A | 42,500 | A | — | Feb 27, 2022 | Common Stock | 42,500 | 42,500 | D |
Explanation of responses
- F1Restricted Stock Units ("RSUs") for 10,000 shares vest and the shares represented thereby will be issued in 16 equal quarterly installments with the first installment vesting on 5/15/15 and one additional installment vesting on the 15th day of the second calendar month of each of the fifteen calendar quarters thereafter. Each RSU represents the right to receive one share of Ixia Common Stock to be issued and delivered upon the applicable vesting date.
- F2Option to purchase 42,500 shares vests and becomes exercisable an 16 equal quarterly installments commencing on June 30, 2015.
Remarks
Reporting Person is an Officer of the Issuer and his full title is: Senior Vice President, General Counsel, and Corporate Secretary.