SEC Form 4 · accession 0001209191-15-004193
Vistance Networks, Inc. · VISN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Randall W Crenshaw
Officer — EVP and COO
Period of report
Jan 13, 2015
Accepted (ET)
Jan 14, 2015 · 4:24 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001517228
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 13, 2015 | M | 20,000 | $8.55 | A | 39,050 | D | |
| Common StockF2 | Jan 13, 2015 | S | 20,000 | $22.1299 | D | 19,050 | 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) | $8.55 | Jan 13, 2015 | M | 20,000 | D | Jan 14, 2011 | Jan 20, 2020 | Common Stock | 20,000 | 73,414 | D |
Explanation of responses
- F1The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 25, 2014.
- F2The price shown is the weighted average price of the shares sold in this transaction. The price range for this transaction is $22.04 to $22.23. The reporting person undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price for this transaction.