SEC Form 4 · accession 0001209191-15-055563

Vistance Networks, Inc. · VISN

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — SVP, General Counsel & Sec

Period of report

Jun 22, 2015

Accepted (ET)

Jun 23, 2015 · 9:16 am EDT

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
Common Stock^F2	Jun 22, 2015	M	3,558	$8.85	A	38,324	D
Common Stock^F2	Jun 22, 2015	M	4,285	$2.96	A	42,609	D
Common Stock^F3,F2	Jun 22, 2015	S	7,843	$31.916	D	34,766	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Option (Right to Buy)	$8.85	Jun 22, 2015	M	3,558	D	Jan 14, 2011	Dec 12, 2016	Common Stock	3,558	0	D
Stock Option (Right to Buy)	$2.96	Jun 22, 2015	M	4,285	D	Jan 14, 2011	Mar 24, 2019	Common Stock	4,285	39,215	D

F1The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 10, 2015.
F2As previously reported, includes 7,586 restricted stock units that were granted on 02/24/2015 and will vest in three equal installments on 02/24/2016, 02/24/2017, and 02/24/2018, subject to the reporting person's continued employment with the issuer.
F3The price shown is the weighted average prices of the shares sold in this transaction. The price range for this transaction is $31.76 to $32.00. 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.