SEC Form 4 · accession 0001120295-16-000184
IXIA · XXIA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ilan Daskal
Director
Period of report
Jun 3, 2016
Accepted (ET)
Jun 7, 2016 · 7:01 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 | Jun 3, 2016 | A | 9,709 | $0.00 | A | 16,140 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F2 | $10.30 | Jun 3, 2016 | A | 15,000 | A | — | Jun 2, 2023 | Common Stock | 15,000 | 15,000 | D |
Explanation of responses
- F1Restricted Stock Units shall vest in four substantially equal installments on each of 08/15/16, 11/15/16, 02/15/17 and 05/15/17 provided, however, that if Ixia's 2017 Annual Meeting of Shareholders is held prior to 05/15/17, the final installment will vest at close of business on the business day immediately preceding the date of such Meeting.
- F2Option to purchase 15,000 shares vests and becomes exercisable in four equal installments of 3,750 shares on each of 08/15/16, 11/15/16, 02/15/17 and 05/15/17 provided, however, that if Ixia's 2017 Annual Meeting of Shareholders is held prior to 05/15/17, the final installment will vest at close of business on the business day immediately preceding the date of such Meeting.