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Filing Details

Accession Number:: 0001209191-15-032445
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2015-04-03 18:06:53
Reporting Period:: 2015-04-02

Filing Date:: 2015-04-03
Accepted Time:: 2015-04-03 18:06:53
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1294016	Ruckus Wireless Inc	RKUS	Computer Peripheral Equipment, Nec (3577)	542072041

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1559561	A. Steven Martin	C/O Ruckus Wireless, Inc. 350 West Java Drive Sunnyvale CA 94089	Senior V.p. Of Engineering	No	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
Common Stock	Acquisiton	2015-04-02	1,205	$1.24	11,181	No	4	M	Direct
Common Stock	Disposition	2015-04-02	1,205	$12.77	9,976	No	4	S	Direct
Common Stock	Acquisiton	2015-04-02	5,681	$2.01	15,657	No	4	M	Direct
Common Stock	Disposition	2015-04-02	5,681	$12.77	9,976	No	4	S	Direct
Common Stock	Acquisiton	2015-04-02	3,506	$5.71	13,482	No	4	M	Direct
Common Stock	Disposition	2015-04-02	3,506	$12.77	9,976	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	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	2015-04-02	1,205	$0.00	1,205	$1.24
Common Stock	Stock Option (Right to Buy)	Disposition	2015-04-02	5,681	$0.00	5,681	$2.01
Common Stock	Stock Option (Right to Buy)	Disposition	2015-04-02	3,506	$0.00	3,506	$5.71

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
442	2020-06-24	No	4	M	Direct
18,490	2021-06-20	No	4	M	Direct
66,619	2022-06-27	No	4	M	Direct

Footnotes

The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 24, 2014.
This sale price represents the weighted average sale price of the shares sold ranging from $12.73 to $12.84 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
Includes restricted stock units granted to the reporting person. Each restricted stock unit represents a contingent right to receive one share of Issuer's Common Stock.
The Option is fully vested as of April 1, 2015.
The Option shares shall vest as follows: 1/48th of the total number of Shares subject to the Option shall vest and become exercisable each month over the forty-eight months following June 21, 2011, subject to Reporting Person's Continuous Service (as defined in the Issuer's 2002 Stock Plan) as of each date.
The Option shares shall vest as follows: 10% of the total Option shall vest in the first 12 months following June 28, 2012 at a rate of 1/12th of 10% of the total Option, 20% of total Option shall vest in months 13 through 24 following June 28, 2012 at a rate of 1/12th of 20% of total Option, 30% of total Option shall vest in months 25 through 36 following June 28, 2012 at a rate of 1/12th of 30% of total Option, and 40% of total Option shall vest in months 37 through 48 following June 28, 2012 at a rate of 1/12th of 40% of total Option, subject to Reporting Person's Continuous Service (as defined in the Issuer's 2012 Equity Incentive Plan) as of each date.