SEC Form 4 · accession 0001209191-18-030231
Vistance Networks, Inc. · VISN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Morgan C S Kurk
Officer — EVP & COO
Period of report
May 11, 2018
Accepted (ET)
May 15, 2018 · 4:27 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, 2018 | P | 1,000 | $29.429 | A | 42,858 | D | |
| Common StockF3,F2 | May 15, 2018 | P | 4,000 | $29.2325 | A | 46,858 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price shown is the weighted average prices of the shares purchased in this transaction. The price range for this transaction is $29.42 to $29.43. 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 purchased at each separate price for this transaction.
- F2Includes (a) 13,041 restricted stock units that were granted on 03/01/2018 and will vest ratably on 03/01/2019, 03/01/2020 and 03/01/2021; (b) 2,264 restricted stock units that were granted on 02/23/2016 and will vest on 02/23/2019; (c) 3,925 performance share units that were earned on 02/23/2017 and will vest on 02/23/2019; and (d) 4,682 restricted stock units that were granted on 02/27/2017 and will vest ratably on 02/27/2019 and 02/27/2020, each subject to the reporting person's continued employment with the issuer.
- F3The price shown is the weighted average prices of the shares purchased in this transaction. The price range for this transaction is $29.21 to $29.25. 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 purchased at each separate price for this transaction.