SEC Form 4 · accession 0001209191-17-031878
Vistance Networks, Inc. · VISN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter U Karlsson
Officer — SVP of CommScope, Inc.
Period of report
May 11, 2017
Accepted (ET)
May 12, 2017 · 4:06 pm 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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | May 11, 2017 | S | 7,370 | $36.7213 | D | 35,621 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price shown is the weighted average price of the shares sold in this transaction. The price range for this transaction is $36.68 to $36.77. 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.
- F2As previously reported, includes (a) 10,973 restricted stock units that were granted on 02/27/2017 and will vest ratably on 02/27/2018, 02/27/2019 and 02/27/2020; (b) 6,950 restricted stock units that were granted on 02/23/2016 and will vest ratably on 02/23/2018 and 02/23/2019; (c) 2,601 restricted stock units that were granted on 02/24/2015 and will vest on 02/24/2018; (d) 12,051 performance share units that were earned on 02/23/2017 and will vest ratably on 02/23/2018 and 02/23/2019; and (e) 3,046 performance share units that were earned on 02/24/2017 and will vest on 02/24/2018, each subject to the reporting person's continued employment with the issuer.