0001219210-15-000070.txt : 20150310
0001219210-15-000070.hdr.sgml : 20150310
20150310172623
ACCESSION NUMBER: 0001219210-15-000070
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20150307
FILED AS OF DATE: 20150310
DATE AS OF CHANGE: 20150310
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: IKANOS COMMUNICATIONS, INC.
CENTRAL INDEX KEY: 0001219210
STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE & TELEGRAPH APPARATUS [3661]
IRS NUMBER: 731721486
FISCAL YEAR END: 0103
BUSINESS ADDRESS:
STREET 1: 47669 FREMONT BLVD.
CITY: FREMONT
STATE: CA
ZIP: 94538
BUSINESS PHONE: (510) 979-0400
MAIL ADDRESS:
STREET 1: 47669 FREMONT BLVD.
CITY: FREMONT
STATE: CA
ZIP: 94538
FORMER COMPANY:
FORMER CONFORMED NAME: IKANOS COMMUNICATIONS
DATE OF NAME CHANGE: 20030219
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Krometis Stuart
CENTRAL INDEX KEY: 0001575801
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-51532
FILM NUMBER: 15690188
MAIL ADDRESS:
STREET 1: 47669 FREMONT BOULEVARD
CITY: FREMONT
STATE: CA
ZIP: 94538
4
1
wf-form4_142602277349501.xml
FORM 4
X0306
4
2015-03-07
0
0001219210
IKANOS COMMUNICATIONS, INC.
IKAN
0001575801
Krometis Stuart
C/O IKANOS COMMUNICATIONS
47669 FREMONT BLVD.
FREMONT
CA
94538
0
1
0
0
VP, Worldwide Sales
Stock Option (right to buy)
4.1
2015-03-07
4
D
0
21000
0
D
2020-02-17
Common Stock
21000.0
0
D
Stock Option (right to buy)
4.1
2015-03-07
4
A
0
21000
0
A
2020-02-17
Common Stock
21000.0
21000
D
These stock options were originally granted to the Reporting Person on 02/17/2015. On 03/07/2015, the Company modified the grant such that in the event of a change-of-control transaction, as defined in the Reporting Person's pre-existing agreement with the Company, these options would partially vest provided that the price of our common stock at the time of the change-of-control transaction was at least $5.74. The portion of the option that will partially vest is determined by a ratio of (x) the excess of the deal price over the exercise price, to (y) the excess of the applicable stock price target over the exercise price, multiplied by the number of shares subject to that tranche.
/s/ Andrew S. Hughes, by power of attorney
2015-03-10