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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Non-Qualified Stock Option (right to buy) | $ 30.0625 | 01/26/2007 | D | 35,000 | 01/26/2007 | 05/09/2010 | Class A Common Stock | 35,000 | (3) | 35,000 | D | ||||
Employee Stock Option (right to buy) | $ 13.1875 | 01/26/2007 | D | 40,000 | 01/26/2007 | 05/13/2007 | Class A Common Stock | 40,000 | (4) | 40,000 | D | ||||
Employee Stock Option (right to buy) | $ 7.25 | 01/26/2007 | D | 75,000 | 01/26/2007 | 06/25/2008 | Class A Common Stock | 75,000 | (5) | 75,000 | D | ||||
Employee Stock Option (right to buy) | $ 2.9375 | 01/26/2007 | D | 127 | 01/26/2007 | 10/19/2008 | Class A Common Stock | 127 | (6) | 127 | D | ||||
Employee Stock Option (right to buy) | $ 12.125 | 01/26/2007 | D | 25,000 | 01/26/2007 | 05/03/2009 | Class A Common Stock | 25,000 | (7) | 25,000 | D | ||||
Employee Stock Option (right to buy) | $ 6.1 | 01/26/2007 | D | 35,000 | 01/26/2007 | 10/22/2011 | Class A Common Stock | 35,000 | (8) | 35,000 | D | ||||
Employee Stock Option (right to buy) | $ 2.01 | 01/26/2007 | D | 75,000 | 01/26/2007 | 06/28/2012 | Class A Common Stock | 75,000 | (9) | 75,000 | D | ||||
Employee Stock Option (right to buy) | $ 2.05 | 01/26/2007 | D | 85,000 | 01/26/2007 | 12/20/2009 | Class A Common Stock | 85,000 | (10) | 85,000 | D | ||||
Employee Stock Option (right to buy) | $ 4.38 | 01/26/2007 | D | 150,000 | (11) | 03/30/2011 | Class A Common Stock | 150,000 | (11) | 150,000 | D | ||||
Employee Stock Option (right to buy) | $ 1.72 | 01/26/2007 | D | 50,000 | 01/26/2007 | 06/30/2011 | Class A Common Stock | 50,000 | (12) | 50,000 | D | ||||
Employee Stock Option (right to buy) | $ 4.01 | 01/26/2007 | D | 120,000 | (13) | 06/06/2013 | Class A Common Stock | 120,000 | (13) | 120,000 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
KENNARD PAUL RESEARCH TRIANGLE DRIVE 637 DAVIS DRIVE MORRISVILLE, NC 27560 |
Chief Technical Officer |
/s/ John O'Neil, VP of Human Resources | 01/30/2007 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Disposed of pursuant to the merger of Stratex Merger Corp., a wholly owned subsidiary of Harris Stratex Networks, Inc., with and into Stratex Netwroks, Inc. with Stratex Networks, Inc. as the surviving corporation (the "Merger") in exchange for 23,209 shares of Harris Stratex Networks, Inc. Class A common stock valued as of the effective date of the Merger at $18.76 per share. |
(2) | Disposed of pursuant to the Merger of in exchange for 825 shares of Harris Stratex Networks, Inc. Class A common stock valued as of the effective date of the Merger at $18.76 per share. |
(3) | The option was assumed by Harris Stratex Networks, Inc. in the Merger and replaced with an option to purchase 8,750 shares of Harris Stratex Networks, Inc. Class A common stock at $120.25 |
(4) | The option was assumed by Harris Stratex Networks, Inc. in the Merger and replaced with an option to purchase 10,000 shares of Harris Stratex Networks, Inc. Class A common stock at $52.75. |
(5) | The option was assumed by Harris Stratex Networks, Inc. in the Merger and replaced with an option to purchase 18,750 shares of Harris Stratex Networks, Inc. Class A common stock at $29.00. |
(6) | The option was assumed by Harris Stratex Networks, Inc. in the Merger and replaced with an option to purchase 31 shares of Harris Stratex Networks, Inc. Class A common stock at $11.75. |
(7) | The option was assumed by Harris Stratex Networks, Inc. in the Merger and replaced with an option to purchase 6,250 shares of Harris Stratex Networks, Inc. Class A common stock at $48.50 |
(8) | The option was assumed by Harris Stratex Networks, Inc. in the Merger and replaced with an option to purchase 8,750 shares of Harris Stratex Networks, Inc. Class A common stock at $24.40. |
(9) | The option was assumed by Harris Stratex Networks, Inc. in the Merger and replaced with an option to purchase 18,750 shares of Harris Stratex Networks, Inc. Class A common stock at $8.04. |
(10) | The option was assumed by Harris Stratex Networks, Inc. in the Merger and replaced with an option to purchase 21,250 shares of Harris Stratex Networks, Inc. Class A common stock at $8.20. |
(11) | The option vests at a rate of 1/4th of the shares subject to the option on the first anniversary of the grant date (3/30/2004) and 1/36th of the remaining shares subject to the option each month thereafter was assumed by Harris Stratex Networks, Inc. in the Merger and replaced with an option to purchase 37,500 shares of Harris Stratex Networks, Inc. Class A common stock for $17.52 per share. |
(12) | The option was assumed by Harris Stratex Networks, Inc. in the Merger and replaced with an option to purchase 12,500 shares of Harris Stratex Networks, Inc. Class A common stock at $6.88. |
(13) | The option vests at a rate of 1/3rd of the shares subject to the option on the first anniversary of the grant date (6/6/2006) and 1/24th of the remaining shares subject to the option each month thereafter was assumed by Harris Stratex Networks, Inc. in the Merger and replaced with an option to purchase 30,000 shares of Harris Stratex Networks, Inc. Class A common stock for $16.04 per share. |