SEC Form 4 · accession 0001209191-17-013759

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

Feb 21, 2017

Accepted (ET)

Feb 23, 2017 · 4:12 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
Common Stock^F2	Feb 21, 2017	M	13,405	$8.55	A	57,082	D
Common Stock^F3,F2	Feb 21, 2017	S	13,405	$40.0075	D	43,677	D
Common Stock^F2	Feb 22, 2017	M	21,963	$8.55	A	65,640	D
Common Stock^F4,F2	Feb 22, 2017	S	21,963	$40.0687	D	43,677	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Common Stock (Right to Buy)	$8.55	Feb 21, 2017	M	13,405	D	Jan 14, 2011	Jan 20, 2020	Common Stock	13,405	21,963	D
Common Stock (Right to Buy)	$8.55	Feb 22, 2017	M	21,963	D	Jan 14, 2011	Jan 20, 2020	Common Stock	21,963	0	D

F1The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 5, 2016.
F2As previously reported, includes (a) 9,823 restricted stock units that were granted on 02/23/2016 and will vest in three equal installments on 02/23/2017, 02/23/2018, and 02/23/2019; and (b) 5,058 restricted stock units that were granted on 02/24/2015 and will vest ratably on 02/24/2017 and 02/24/2018, each 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 $40.00 to $40.04. 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.
F4The price shown is the weighted average prices of the shares sold in this transaction. The price range for this transaction is $40.00 to $40.15. 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.