Filing Details

Accession Number:
0001246360-10-002894
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-08-04 13:00:00
Reporting Period:
2010-08-02
Filing Date:
2010-08-04
Accepted Time:
2010-08-04 16:40:00
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1373671 Isilon Systems Inc. ISLN Computer Storage Devices (3572) 912101027
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1186035 Brett Helsel 3101 Western Avenue
Seattle WA 98121
Svp Engineering No No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2010-08-02 37,500 $4.76 45,700 No 4 M Direct
Common Stock Acquisiton 2010-08-02 12,500 $2.57 58,200 No 4 M Direct
Common Stock Disposition 2010-08-02 25,000 $18.06 33,200 No 4 S Direct
Common Stock Disposition 2010-08-02 12,500 $18.06 20,700 No 4 S Direct
Common Stock Disposition 2010-08-02 12,500 $18.07 8,200 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (Right to Buy) Disposition 2010-08-02 37,500 $0.00 37,500 $4.76
Common Stock Stock Option (Right to Buy) Disposition 2010-08-02 12,500 $0.00 12,500 $2.57
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
252,500 2018-05-12 No 4 M Direct
82,500 2019-05-15 No 4 M Direct
Footnotes
  1. The option is exercisable at the rate of 25% of the shares on March 11, 2009 and 1/12th of the remaining shares on each quarterly anniversary thereafter, such that the option will be fully exercisable on March 11, 2012.
  2. The option is exercisable at the rate of 25% of the shares on May 1, 2010 and 1/12th of the remaining shares on each quarterly anniversary thereafter, such that the option will be fully exercisable on May 1, 2013.
  3. The sales reported by Mr. Helsel were effected pursuant to a Rule 10b5-1 trading plan adopted on February 25, 2010.
  4. The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares disposed. These shares were sold in multiple transactions at prices ranging from $17.75 to $18.60, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (4) to this Form 4.
  5. The sales reported by Mr. Helsel were effected pursuant to a Rule 10b5-1 trading plan adopted on February 25, 2010.
  6. The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares disposed. These shares were sold in multiple transactions at prices ranging from $17.78 to $18.59, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (6) to this Form 4.
  7. The sales reported by Mr. Helsel were effected pursuant to a Rule 10b5-1 trading plan adopted on February 25, 2010.
  8. The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares disposed. These shares were sold in multiple transactions at prices ranging from $17.78 to $18.59, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (8) to this Form 4.