SEC Form 4 · accession 0001120295-15-000065
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
Jun 26, 2015
Accepted (ET)
Jun 29, 2015 · 5:34 pm EDT
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 | Jun 26, 2015 | M | 14,375 | $8.90 | A | 345,315 | D | |
| Common Stock | holding | — | — | — | 2,400 | I | By Child | |
| Common Stock | holding | — | — | — | 2,400 | I | By Child | |
| Common StockF1 | holding | — | — | — | 200,000 | I | By LLC for the benefit of the Reporting Person's two children |
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,F3 | $8.90 | Jun 26, 2015 | M | 14,375 | D | — | Jun 30, 2015 | Common Stock | 14,375 | 0 | D |
Explanation of responses
- F1The Reporting Person is Manager of the LLC.
- F2Option to purchase 230,000 shares vested and became exercisable as to 57,500 shares on 05/02/08 and as to the remaining 172,500 shares in twelve equal quarterly installments commencing 9/30/08. Option is exercisable as to each installment of vested shares for a period of four years following the vesting date.
- F3Expiration date shown is the expiration date of the last installment scheduled to vest.