SEC Form 4 · accession 0001209191-15-081658
RUCKUS WIRELESS INC · RKUS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Selina Y Lo
Officer — President, CEO · Director
Period of report
Nov 19, 2015
Accepted (ET)
Nov 20, 2015 · 5:26 pm EST
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 StockF2,F3,F4 | Nov 19, 2015 | S | 41,700 | $11.1417 | D | 2,478,174 | I | See attached footnote. |
| Common StockF2,F5,F4 | Nov 20, 2015 | S | 41,700 | $11.3436 | D | 2,436,474 | I | See attached footnote. |
| Common StockF6 | holding | — | — | — | 249,372 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 26, 2015.
- F2These shares were sold by the Selina Lo Living Trust Dated July 22, 1997.
- F3This sale price represents the weighted average sale price of the shares sold ranging from $11.05 to $11.26 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
- F4Consists of 268,597 shares of common stock held by The Lo 1999 Family Trust for the benefit of certain family members of the Reporting Person, 7,800 shares of common stock held by The 2003 Irrevocable Trust for the benefit of a certain family member of the Reporting Person, 11,099 shares of common stock held by The 2004 Irrevocable Trust for the benefit of a certain family member of the Reporting Person, 197,171 shares of common stock held by the Selina Lo Family Trust Dated December 4, 2012, 1,949,160 shares of common stock held by Selina Lo, Trustee of Selina Y. Lo Trust U/T/D 7/22/97 and 2,647 shares held by Moonlight, LLC. The Reporting Person is a Trustee of The Lo 1999 Family Trust, The 2003 Irrevocable Trust, The 2004 Irrevocable Trust and the Selina Y. Lo Trust U/T/D 7/22/97. The Reporting Person is Grantor of the Selina Lo Family Trust Dated December 4, 2012. The reporting person is a managing member of Moonlight LLC.
- F5This sale price represents the weighted average sale price of the shares sold ranging from $11.205 to $11.45 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
- F6Includes 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.