SEC Form 4 · accession 0001209191-15-039077
RUCKUS WIRELESS INC · RKUS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ian Edward Whiting
Officer — Chief Commercial Officer
Period of report
May 1, 2015
Accepted (ET)
May 5, 2015 · 7:00 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001294016
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 1, 2015 | A | 280,000 | $0.00 | A | 280,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F2 | $10.78 | May 1, 2015 | A | 80,000 | A | — | Apr 30, 2025 | Common Stock | 80,000 | 80,000 | D |
Explanation of responses
- F1Represents restricted stock units granted to the reporting person. Each restricted stock unit represents a contingent right to receive one share of Issuer's Common Stock. The restricted stock units vest annually over four years commencing on May 3, 2015.
- F2The Option shares shall vest as follows: one-fourth (1/4th) of the shares vest one year after April 27, 2015; the balance of the shares vest in a series of thirty-six (36) successive equal monthly installments measured from the first anniversary of April 27, 2015, subject to Reporting Person's Continuous Service (as defined in the Issuer's 2012 Stock Plan) as of each such date.