SEC Form 4 · accession 0001219210-15-000010
IKANOS COMMUNICATIONS, INC. · IKAN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frederick M Lax
Director
Period of report
Feb 4, 2015
Accepted (ET)
Feb 6, 2015 · 5:19 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001219210
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 4, 2015 | O | 33,573 | $0.41 | A | 56,573 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Subscription Rights (right to buy) | $0.41 | Feb 4, 2015 | O | 23,000 | D | Nov 26, 2014 | Feb 4, 2015 | Common Stock | 33,573 | 0 | D |
Explanation of responses
- F1Represents the purchase of common stock pursuant to the exercise of the Reporting Person's basic subscription rights and over-subscription rights in the Issuer's rights offering pursuant to the Prospectus dated November 26, 2014 (the "Rights Offering"). Pursuant to the Rights Offering, each basic subscription right entitled the holder to purchase 1.459707 shares of the Issuer's common stock for each whole share of common stock owned at 5:00 p.m., Eastern Time, on September 26, 2014. The Rights Offering expired on February 4, 2015.