SEC Form 4 · accession 0001209191-15-030038
MERU NETWORKS INC · MERU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark Liu
Officer — General Counsel
Period of report
Mar 25, 2015
Accepted (ET)
Mar 27, 2015 · 7:22 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001167294
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | $0.00 | Mar 25, 2015 | A | 20,000 | A | Mar 25, 2016 | Mar 25, 2025 | Common Stock | 20,000 | 20,000 | D |
Explanation of responses
- F1Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of common stock of the issuer upon vesting.
- F2The RSUs will vest in one annual installment, commencing on March 25, 2015, such that 100% of the RSUs will be fully vested on March 25, 2016. The RSU is subject to the change of control provisions described in the applicable change of control agreement.