SEC Form 4 · accession 0001120295-15-000080
IXIA · XXIA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marie Hattar
Officer — Chief Marketing Officer
Period of report
Aug 7, 2015
Accepted (ET)
Aug 11, 2015 · 4:03 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 StockF1 | Aug 7, 2015 | A | 17,000 | $0.00 | A | 17,000 | 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 | $15.55 | Aug 7, 2015 | A | 120,000 | A | — | Aug 7, 2022 | Common Stock | 120,000 | 120,000 | D |
Explanation of responses
- F1Restricted Stock Units for 17,000 shares vest and the shares represented thereby will be issued and delivered on June 15, 2016. Each Restricted Stock Unit represents the right to receive one share of Ixia Common Stock to be issued and delivered upon the applicable vesting date.
- F2Option to purchase 120,000 shares vests and becomes exercisable cumulatively as to 30,000 shares on 6/15/2016 and as to the remaining 90,000 shares in twelve equal quarterly installments commencing on September 30, 2016 and one additional installment vesting on the last day of each of the eleven calendar quarters thereafter.