SEC Form 4 · accession 0001120295-16-000126
IXIA · XXIA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Errol Ginsberg
Officer — See Remarks · Director
Period of report
Jan 12, 2016
Accepted (ET)
Jan 14, 2016 · 8:26 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 12, 2016 | M | 46,875 | $5.00 | A | 476,899 | D | |
| Common Stock | holding | — | — | — | 4,292,486 | I | By Errol Ginsberg and Annette R. Michelson Family Trust dated 10/13/1999 |
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)F1 | $5.00 | Jan 12, 2016 | M | 46,875 | D | — | Feb 19, 2016 | Common Stock | 46,875 | 0 | D |
Explanation of responses
- F1Option to purchase 150,000 shares vested and became exercisable in 16 equal quartely installments commencing 6/30/2009.
Remarks
Reporting Person is an Officer of the Issuer and his full title is: Chairman of the Board and Chief Innovation Officer.