SEC Form 4 · accession 0001120295-16-000201
IXIA · XXIA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patricia Key
Officer — See Remarks
Period of report
Sep 8, 2016
Accepted (ET)
Sep 8, 2016 · 7:04 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 StockF1 | Sep 8, 2016 | A | 10,000 | $0.00 | A | 68,451 | 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 | $12.04 | Sep 8, 2016 | A | 50,000 | A | — | Sep 1, 2023 | Common Stock | 50,000 | 50,000 | D |
Explanation of responses
- F1Restricted Stock Units shall vest and the shares represented thereby shall be issued and delivered in 16 equal quarterly installments, with the first installment vesting on December 1, 2016 and one additional installment vesting on the first day of the third calendar month of each of the 15 calendar quarters thereafter. Each Restricted Stock Unit represents the right to receive one share of Ixia Common Stock to be issued and delivered on the applicable vesting date.
- F2Options shall vest and become exercisable cumulatively in 16 equal quarterly installments, with the first installment vesting on December 31, 2016 and one additional installment vesting on the last day of each of the 15 calendar quarters thereafter.
Remarks
Reporting Person is an Officer of the Issuer and her full title is: Senior Vice President, Global Sales