SEC Form 4 · accession 0001219210-15-000092

IKANOS COMMUNICATIONS, INC. · IKAN

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Mar 23, 2015

Accepted (ET)

Mar 25, 2015 · 6:19 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001219210

Table I — non-derivative securities

No Table I lines on this filing.

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Director Stock Option (right to buy)^F2,F1	$19.10	Mar 23, 2015	D	3,300	D	—	Dec 21, 2016	Common Stock	3,300	0	D
Director Stock Option (right to buy)^F2,F3	$2.80	Mar 23, 2015	A	2,640	A	—	Mar 23, 2022	Common Stock	2,640	2,640	D
Director Stock Option (right to buy)^F5,F4	$134.60	Mar 23, 2015	D	1,200	D	—	Jun 16, 2016	Common Stock	1,200	0	D
Director Stock Option (right to buy)^F5,F4	$82.20	Mar 23, 2015	D	5,000	D	—	Feb 13, 2017	Common Stock	5,000	0	D
Director Stock Option (right to buy)^F5,F4	$71.60	Mar 23, 2015	D	1,200	D	—	Jun 12, 2017	Common Stock	1,200	0	D
Director Stock Option (right to buy)^F5,F4	$35.70	Mar 23, 2015	D	1,200	D	—	Jun 5, 2018	Common Stock	1,200	0	D
Director Stock Option (right to buy)^F5,F4	$16.20	Mar 23, 2015	D	1,200	D	—	May 21, 2019	Common Stock	1,200	0	D
Director Stock Option (right to buy)^F5,F4	$18.80	Mar 23, 2015	D	2,500	D	—	Jun 8, 2017	Common Stock	2,500	0	D
Director Stock Option (right to buy)^F5,F4	$14.10	Mar 23, 2015	D	2,500	D	—	Jun 7, 2018	Common Stock	2,500	0	D
Director Stock Option (right to buy)^F5,F4	$7.50	Mar 23, 2015	D	2,500	D	—	Jun 5, 2019	Common Stock	2,500	0	D
Director Stock Option (right to buy)^F5,F4	$12.40	Mar 23, 2015	D	1,950	D	—	Jun 4, 2020	Common Stock	1,950	0	D
Director Stock Option (right to buy)^F5,F6	$2.80	Mar 23, 2015	A	15,400	A	—	Mar 23, 2022	Common Stock	15,400	15,400	D

F1The canceled option provided for vesting as follows: over three years at the rate of 1/36 each month on the same day of the month as the vesting commencement date.
F2On March 23, 2015, the Issuer canceled, pursuant to the Issuer's option exchange program, options granted to the Reporting Person on 12/21/2009. In exchange for the option to purchase 3,300 shares, the Reporting Person received a new option to purchase 2,640 shares at a lower exercise price.
F3These options vest monthly over 24 months.
F4The canceled option provided for vesting as follows: monthly over 12 months.
F5On March 23, 2015, the Issuer canceled, pursuant to the Issuer's option exchange program, options granted to the Reporting Person on 06/03/2006, 02/13/2007, 06/12/2007, 06/12/2008, 05/21/2009, 06/08/2010, 06/07/2011, 06/05/2012, and 06/04/2013. In exchange for these options to cumulatively purchase 19,250 shares, the Reporting Person received a new option to purchase 15,400 shares at a lower exercise price.
F6These options vest monthly over 12 months.