SEC Form 4 · accession 0001209191-15-046175
MERU NETWORKS INC · MERU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John T Kurtzweil
Director
Period of report
May 21, 2015
Accepted (ET)
May 22, 2015 · 4:33 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001167294
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | May 21, 2015 | A | 102,158 | $0.00 | A | 102,158 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares are represented by restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of common stock of the issuer upon vesting.
- F2The RSUs will vest in equal quarterly installments commencing on May 20, 2015, provided that the last quarterly vesting date shall be the date of the Company's annual meeting of stockholders in 2016. The vesting of the RSUs is subject to full acceleration of vesting upon the closing of a change of control of the Company.