SEC Form 4 · accession 0001120295-16-000124
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
Jan 8, 2016
Accepted (ET)
Jan 12, 2016 · 5:34 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 | Jan 8, 2016 | M | 15,000 | $8.88 | A | 357,639 | D | |
| Common StockF1 | 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)F2 | $8.88 | Jan 8, 2016 | M | 15,000 | D | — | Mar 12, 2017 | Common Stock | 15,000 | 0 | D |
Explanation of responses
- F1The Reporting Person is Manager of the LLC.
- F2Option 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.