SEC Form 4 · accession 0001219210-15-000115
IKANOS COMMUNICATIONS, INC. · IKAN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stuart Krometis
Officer — VP, Worldwide Sales
Period of report
May 1, 2015
Accepted (ET)
May 5, 2015 · 5:54 pm EDT
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 Stock | May 1, 2015 | M | 2,500 | $0.00 | A | 13,905 | D | |
| Common StockF1 | May 1, 2015 | F | 1,094 | $2.75 | D | 12,811 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F3,F4 | — | May 1, 2015 | M | 2,500 | D | — | — | Common Stock | 2,500 | 0 | D |
Explanation of responses
- F1The transaction reported on this form represents the vesting of restricted stock units granted on June 9, 2014 and the withholding of shares to satisfy the tax withholding obligation associated with the vesting.
- F2The restricted stock units are convertible on a one-for-one basis into Common Stock upon vesting.
- F3Vested shares are delivered on the applicable vesting date.
- F4No expiration date.