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Filing Details

Accession Number:: 0001209191-10-056221
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2010-11-19 19:24:56
Reporting Period:: 2010-11-17

Filing Date:: 2010-11-19
Accepted Time:: 2010-11-19 19:24:56
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1381325	Bigband Networks Inc.	BBND	Radio & Tv Broadcasting & Communications Equipment (3663)	043444278

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1393137	Ran Oz	C/O Bigband Networks, Inc. 475 Broadway Street Redwood City CA 94063	Evp & Chief Technology Officer	Yes	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2010-11-17	12,157	$2.85	217,723	No	4	S	Indirect	Oz Holdings Ltd.
Common Stock	Disposition	2010-11-18	12,157	$2.88	205,566	No	4	S	Indirect	Oz Holdings Ltd.
Common Stock	Acquisiton	2010-11-19	24,503	$0.00	37,435	No	4	M	Direct
Common Stock	Acquisiton	2010-11-19	6,623	$0.00	44,058	No	4	M	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	Oz Holdings Ltd.
No	4	S	Indirect	Oz Holdings Ltd.
No	4	M	Direct
No	4	M	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Stock Option (right to buy)	Disposition	2010-11-18	187,500	$0.00	187,500	$5.28
Common Stock	Restricted Stock Units	Acquisiton	2010-11-18	62,500	$0.00	62,500	$0.00
Common Stock	Stock Option (right to buy)	Disposition	2010-11-18	62,500	$0.00	62,500	$5.28
Common Stock	Restricted Stock Units	Acquisiton	2010-11-18	20,833	$0.00	20,833	$0.00
Common Stock	Restricted Stock Units	Disposition	2010-11-19	24,503	$0.00	24,503	$0.00
Common Stock	Restricted Stock Units	Disposition	2010-11-19	6,623	$0.00	6,623	$0.00

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2016-11-01	No	4	D	Direct
62,500	2020-11-17	No	4	A	Direct
0	2016-11-07	No	4	D	Direct
20,833	2020-11-17	No	4	A	Direct
73,509	2019-05-18	No	4	M	Direct
33,114	2019-05-18	No	4	M	Direct

Footnotes

The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 23, 2009.
Reflects the weighted average sale price, with the range of sale prices from $2.84 to $2.88 per share. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request of the SEC Staff, the issuer or any security holder of the issuer.
Reflects the weighted average sale price, with the range of sale prices from $2.85 to $2.92 per share. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request of the SEC Staff, the issuer or any security holder of the issuer.
The option vested as to 1/36 of the shares each month beginning on December 1, 2007.
On November 18, 2010, pursuant to the issuer's option exchange program, the issuer canceled an option for 187,500 shares of BBND common stock granted to the reporting person on November 2, 2006. In exchange, the reporting person received 62,500 restricted stock units.
Each restricted stock unit represents a contingent right to receive one share of BBND common stock.
The restricted stock units vest as to 1/3 of the shares on the dates that are 9 months, 18 months and 27 months from the date of grant. Vested shares will be delivered to the reporting person on or about each such vesting date.
The option vested as to 1/4 of the shares on October 1, 2004 and 1/48 of the shares each month thereafter.
On November 18, 2010, pursuant to the issuer's option exchange program, the issuer canceled an option for 62,500 shares of BBND common stock granted to the reporting person on November 8, 2006. In exchange, the reporting person received 20,833 restricted stock units.
The restricted stock units vest in six (6) equal semi-annual installments beginning on November 19, 2009. Vested shares will be delivered to the reporting person on or about each such vesting date.
The restricted stock units vest in eight (8) equal semi-annual installments beginning on November 19, 2009. Vested shares will be delivered to the reporting person on or about each such vesting date.