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Filing Details

Accession Number:
0001120295-17-000024
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-03-08 17:57:59
Reporting Period:
2017-03-06
Filing Date:
2017-03-08
Accepted Time:
2017-03-08 17:57:59
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1120295 Ixia XXIA Instruments For Meas & Testing Of Electricity & Elec Signals (3825) 954635982
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1318475 Alexander Pepe C/o Ixia
26001 W. Agoura Road
Calabasas CA 91302
Chief Operating Officer No Yes 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 2017-03-06 36,150 $0.00 107,705 No 4 A Direct
Common Stock Disposition 2017-03-08 5,087 $19.51 102,618 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 S Direct
Footnotes
  1. On February 27, 2015, the Reporting Person was granted a target number of 24,100 performance-based Restricted Stock Units ("RSUs"). Up to 150% of the RSUs could become earned and eligible for vesting, based on the extent to which Ixia achieved a financial performance goal (established for purposes of the RSUs) for the Company's combined 2015 and 2016 fiscal years. On March 6, 2017, 150% of such RSUs became earned and eligible for vesting. 18,075 RSUs vested on March 6, 2017, and the remaining 18,075 RSUs will vest in eight equal quarterly installments, with the first installment vesting on May 15, 2017 and one additional installment vesting on the fifteenth day of the second calendar month of each calendar quarter thereafter. Each RSU represents the right to receive one share of Ixia Common Stock to be issued and delivered on or within five business days following the applicable vesting date.
  2. Includes 1,298 shares acquired under the Ixia Employee Stock Purchase Plan on 10/31/2016.
  3. Represents shares sold to cover tax withholding obligations upon the vesting of restricted stock units.