Filing Details

Accession Number:
0001209191-11-039371
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-07-13 16:02:22
Reporting Period:
2011-07-11
Filing Date:
2011-07-13
Accepted Time:
2011-07-13 16:02:22
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1092367 Sycamore Networks Inc SCMR Telephone & Telegraph Apparatus (3661) 043410558
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1208456 Kevin Oye C/O Sycamore Networks
220 Mill Road
Chelmsford MA 01824
Vp, Systems And Technology 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 2011-07-11 3,373 $17.70 3,532 No 4 M Direct
Common Stock Acquisiton 2011-07-11 8,970 $17.39 12,502 No 4 M Direct
Common Stock Disposition 2011-07-11 12,343 $21.78 159 No 4 S Direct
Common Stock Acquisiton 2011-07-12 8,823 $17.39 8,982 No 4 M Direct
Common Stock Disposition 2011-07-12 8,823 $21.25 159 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 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Non-Qualified Stock Option (Right to Buy) Disposition 2011-07-11 3,373 $0.00 3,373 $17.70
Common Stock Non-Qualified Stock Option (Right to Buy) Disposition 2011-07-11 8,970 $0.00 8,970 $17.39
Common Stock Non-Qualified Stock Option (Right to Buy) Disposition 2011-07-12 8,823 $0.00 8,823 $17.39
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
26,720 2003-04-29 2012-04-29 No 4 A Direct
151,103 2003-04-29 2012-04-29 No 4 A Direct
142,280 2003-04-29 2012-04-29 No 4 A Direct
Footnotes
  1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 17, 2011.
  2. This transaction was executed in multiple trades at prices ranging from $21.60 to $22.25 per share. The price reported represents the weighted average sale price of these trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price.
  3. This transaction was executed in multiple trades at prices ranging from $21.09 to $21.59 per share. The price reported represents the weighted average sale price of these trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price.
  4. Amount takes into account adjustments made to the exercise prices and option awards share numbers following the implementation of the previously announced 1-for-10 reverse stock split of the Company's Common Stock, which became effective at 5:00 p.m., Eastern Time, on December 21, 2009 and the payment of cash distributions of $1.00 and $6.50 per share of Common Stock on December 15, 2009 and December 22, 2010, respectively. Under the terms of the reverse stock split, every ten shares of the Company's issued and outstanding Common Stock immediately prior to the effective time were combined into one share of Common Stock.
  5. Options vested 20% on April 29, 2003 and 5% quarterly thereafter. Options became fully vested on April 29, 2007.