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Filing Details

Accession Number:
0001120295-17-000026
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-03-08 18:23:08
Reporting Period:
2017-03-06
Filing Date:
2017-03-08
Accepted Time:
2017-03-08 18:23:08
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
1443833 Lee Christopher Williams C/o Ixia
26601 West Agoura Road
Calabasas CA 91302
Vice President Human Resources 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 13,437 $8.88 40,231 No 4 M Direct
Common Stock Disposition 2017-03-06 13,437 $19.58 26,794 No 4 S Direct
Common Stock Acquisiton 2017-03-06 40,000 $8.88 66,794 No 4 M Direct
Common Stock Disposition 2017-03-06 40,000 $19.58 26,794 No 4 S Direct
Common Stock Acquisiton 2017-03-06 22,200 $0.00 48,994 No 4 A Direct
Common Stock Disposition 2017-03-08 4,152 $19.51 44,842 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 A Direct
No 4 S Direct
Reported Derivative Transactions
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
0 2017-03-12 No 4 M Direct
0 2017-03-12 No 4 M Direct
Footnotes
  1. Includes 1,298 shares acquired under the Ixia Employee Stock Purchase Plan on October 31, 2016.
  2. 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.
  3. Represents shares sold to cover tax withholding obligations upon the vesting of restricted stock units.
  4. Option to purchase 40,000 shares vested and became exercisable as to sixteen quarterly installments commencing on 06/30/2010.
  5. 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.