SEC Form 4 · accession 0001377789-18-000068
AVIAT NETWORKS, INC. · AVNW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Shaun McFall
Officer — SVP & Chief Marketing Officer
Period of report
Sep 7, 2018
Accepted (ET)
Sep 11, 2018 · 4:39 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001377789
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Sep 7, 2018 | A | 4,706 | $0.00 | A | 42,860 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buyF2 | $17.80 | Sep 7, 2018 | A | 9,412 | A | — | Sep 7, 2025 | Common Stock | 9,412 | 9,412 | D |
Explanation of responses
- F1Performance are metrics are annual; 3-year cliff vesting from the date of grant. Vesting requires both (a) continuing employment with the Corporation and (b) achievement of the performance metrics.
- F2100% of the shares subject to the award shall vest 33% per year for three years from the grant date, contingent upon continued employment.