- Accession Number:
- Form Type:
- Zero Holdings:
- Publication Time:
- 2017-03-08 18:23:08
- Reporting Period:
- Filing Date:
- Accepted Time:
- 2017-03-08 18:23:08
- SEC Url:
- Form 4 Filing
|Cik||Name||Symbol||Sector (SIC)||IRS No|
|1120295||Ixia||XXIA||Instruments For Meas & Testing Of Electricity & Elec Signals (3825)||954635982|
|Cik||Name||Reported Address||Insider Title||Director||Officer||Large Shareholder||Other|
|1443833||Lee Christopher Williams||C/o Ixia |
26601 West Agoura Road
Calabasas CA 91302
|Vice President Human Resources||No||Yes||No||No|
|Sec. Name||Acquisiton - Disposition||Date||Amount||Price||Remaning Holdings||Equity Swap Involved||Form Type||Code||Nature of Ownership||Explanation|
|Equity Swap Involved||Form Type||Code||Nature of Ownership||Explanation|
|Sec. Name||Sec. Type||Acquisiton - Disposition||Date||Amount||Price||Amount - 2||Price - 2|
|Common Stock||Employee Stock Option (Right to Buy)||Disposition||2017-03-06||13,437||$8.88||13,437||$8.88|
|Common Stock||Employee Stock Option (Right to Buy)||Disposition||2017-03-06||40,000||$8.88||40,000||$8.88|
|Remaning Holdings||Exercise Date||Expiration Date||Equity Swap Involved||Transaction Form Type||Transaction Code||Nature of Ownership|
- Includes 1,298 shares acquired under the Ixia Employee Stock Purchase Plan on October 31, 2016.
- On February 27, 2015, the Reporting Person was granted a target number of 14,800 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. 11,100 RSUs vested on March 6, 2017, and the remaining 11,100 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.
- Represents shares sold to cover tax withholding obligations upon the vesting of restricted stock units.
- Option to purchase 40,000 shares vested and became exercisable as to sixteen quarterly installments commencing on 06/30/2010.
- Option to purchase 40,000 shares vested and became exercisable as to 20,00 shares on 03/16/2012, and the remaining shares vested and became exercisable in 8 equal quarterly installments thereafter, commencing on 06/30/2012.