SEC Form 4 · accession 0001120295-15-000116
IXIA · XXIA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher Lee Williams
Officer — Sr. VP, Human Resources
Period of report
Dec 1, 2015
Accepted (ET)
Dec 3, 2015 · 7:34 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 | Dec 1, 2015 | M | 1,563 | $5.00 | A | 28,779 | D | |
| Common Stock | Dec 1, 2015 | S | 1,563 | $13.2201 | D | 27,216 | D | |
| Common StockF1 | Dec 1, 2015 | S | 2,688 | $13.2411 | D | 24,528 | 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 | $5.00 | Dec 1, 2015 | M | 1,563 | D | — | Feb 19, 2016 | Common Stock | 1,563 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $13.24 to $13.24125. The price reported reflects the weighted average sale price. The Reporting Person has provided to the Issuer and will provide to any shareholder of the Issuer, or to the SEC Staff, upon request, information regarding the number of shares sold at each price within the range.
- F2Option to purchase 25,000 shares vested and became exercisable in 16 equal quarterly installments commencing 6/30/2009.