SEC Form 4 · accession 0001120295-16-000193
IXIA · XXIA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew S Alexander
Officer — See remarks
Period of report
Aug 15, 2016
Accepted (ET)
Aug 16, 2016 · 9:04 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 Stock | Aug 15, 2016 | M | 10,000 | $6.76 | A | 38,272 | D | |
| Common Stock | Aug 15, 2016 | S | 10,000 | $12.00 | D | 28,272 | D | |
| Common StockF1 | Aug 16, 2016 | S | 644 | $11.9067 | D | 27,628 | 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 | $6.76 | Aug 15, 2016 | M | 10,000 | D | — | Nov 5, 2016 | Common Stock | 10,000 | 0 | D |
Explanation of responses
- F1These shares were sold to cover tax withholding obligations upon the vesting of restricted stock units.
- F2Option to purchase 40,000 shares vested and became exercisable as to 10,000 shares on 11/5/2010 and the remaining shares vested and became exercisable 12 equal quarterly installments thereafter, beginning on 3/31/2011.
Remarks
Reporting Person is an Officer of the Issuer and his full title is: Senior Vice President, General Counsel, and Corporate Secretary.