SEC Form 4 · accession 0001628280-15-000342
IKANOS COMMUNICATIONS, INC. · IKAN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jim Murphy
Officer — VP, Worldwide Human Resources
Period of report
Jan 26, 2015
Accepted (ET)
Jan 28, 2015 · 7:05 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 | Jan 26, 2015 | M | 25,000 | $0.00 | A | 57,620 | D | |
| Common StockF2 | Jan 26, 2015 | F | 10,945 | $0.36 | D | 46,675 | 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 UnitsF3,F4,F5 | — | Jan 26, 2015 | M | 25,000 | A | — | — | Common Stock | 25,000 | 25,000 | D |
Explanation of responses
- F1Includes 32,620 shares acquired under the Ikanos Communications, Inc. 2004 Employee Stock Purchase Plan between May 2, 2011 and November 3, 2014.
- F2The 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.
- F3The restircited stock units are convertible on a one-for-one basis into Common Stock upon vesting.
- F450% of this grant vested on January 26, 2015, and the remaining 50% will vest on April 23, 2015, subject to continued service by the Reporting Person through the applicable vesting date. Vested shares will be delivered on the applicable vesting date.
- F5No expiration date.