SEC Form 4 · accession 0001120295-15-000027
IXIA · XXIA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald W Buckly
Officer — Senior V.P., Corporate Affairs
Period of report
Feb 25, 2015
Accepted (ET)
Mar 3, 2015 · 7:28 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 Stock | Feb 25, 2015 | G | 1,000 | $0.00 | D | 357,140 | D | |
| Common Stock | Feb 26, 2015 | G | 1,500 | $0.00 | D | 355,640 | D | |
| Common StockF1 | Feb 27, 2015 | A | 60,000 | $0.00 | A | 415,640 | D | |
| Common Stock | holding | — | — | — | 2,400 | I | By Child | |
| Common Stock | holding | — | — | — | 2,400 | I | By Child | |
| Common StockF2 | holding | — | — | — | 200,000 | I | By LLC for the benefit of the Reporting Person's two children |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Restricted Stock Units ("RSUs") for 60,000 shares vest and the shares represented thereby will be issued as to (i) 30,000 of the shares in four equal quarterly installments with the first installment vesting on 3/1/15 and one additional installment vesting on the 15th day of the second calendar month of each of the three calendar quarters thereafter, and (ii) the remaining 30,000 shares on 1/8/16. Each RSU represents the right to receive one share of Ixia Common Stock to be issued and delivered upon the applicable vesting date.
- F2The Reporting Person is Manager of the LLC.