SEC Form 4 · accession 0001120295-15-000119
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
Dec 10, 2015
Accepted (ET)
Dec 11, 2015 · 6:17 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,F2 | Dec 10, 2015 | M | 50,000 | $8.88 | A | 344,239 | D | |
| Common StockF3 | holding | — | — | — | 200,000 | I | By LLC for the benefit of the Reporting Person's two children | |
| Common Stock | holding | — | — | — | 2,400 | I | By Child | |
| Common Stock | holding | — | — | — | 2,400 | I | By Child |
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)F4 | $8.88 | Dec 10, 2015 | M | 50,000 | D | — | Mar 12, 2017 | Common Stock | 50,000 | 15,000 | D |
Explanation of responses
- F1The Reporting Person's prior Form 4 filed with the SEC on December 3, 2015, had a mathematical error in the balance reported in Column 5 (Amount of Securities Beneficially Owned Following Reported Transaction (s)) of Table I. The balance in Column 5 of Table I was over reported by 1,600 shares in Lines 1 through 9 of that report.
- F2Includes 924 shares acquired under the Ixia Employee Stock Purchase Plan on 10/31/2015.
- F3The Reporting Person is Manager of the LLC.
- F4Option to purchase 65,000 shares vested and became exercisable as to 32,500 shares on 3/16/2012 and as to the remaining 32,500 shares in 8 equal quarterly installments commencing on 6/30/2012.