0001219210-15-000082.txt : 20150325
0001219210-15-000082.hdr.sgml : 20150325
20150325181418
ACCESSION NUMBER: 0001219210-15-000082
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20150323
FILED AS OF DATE: 20150325
DATE AS OF CHANGE: 20150325
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: Pal Debajyoti
CENTRAL INDEX KEY: 0001505479
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-51532
FILM NUMBER: 15725771
MAIL ADDRESS:
STREET 1: IKANOS COMMUNICATIONS
STREET 2: 47669 FREMONT BLVD.
CITY: FREMONT
STATE: CA
ZIP: 94538
FORMER NAME:
FORMER CONFORMED NAME: Pal Debajyoyi
DATE OF NAME CHANGE: 20101110
4
1
wf-form4_142732164812747.xml
FORM 4
X0306
4
2015-03-23
0
0001219210
IKANOS COMMUNICATIONS, INC.
IKAN
0001505479
Pal Debajyoti
C/O IKANOS COMMUNICATIONS
47669 FREMONT BLVD.
FREMONT
CA
94538
0
1
0
0
Sr. Vice President & CTO
Stock Option (right to buy)
17.7
2015-03-23
4
D
0
42500
D
2016-09-13
Common Stock
42500.0
0
D
Stock Option (right to buy)
11.8
2015-03-23
4
D
0
10000
D
2017-11-09
Common Stock
10000.0
0
D
Stock Option (right to buy)
2.8
2015-03-23
4
A
0
42000
A
2022-03-23
Common Stock
42000.0
42000
D
Stock Option (right to buy)
12.7
2015-03-23
4
D
0
4000
D
2018-08-03
Common Stock
4000.0
0
D
Stock Option (right to buy)
13.9
2015-03-23
4
D
0
6000
D
2019-10-31
Common Stock
6000.0
0
D
Stock Option (right to buy)
13.2
2015-03-23
4
D
0
6250
D
2020-07-30
Common Stock
6250.0
0
D
Stock Option (right to buy)
2.8
2015-03-23
4
A
0
13000
A
2022-03-23
Common Stock
13000.0
13000
D
The canceled option provided for vesting as follows: 25% of the shares subject to the option vest on the one year anniversary of the transaction date and 6.25% of the shares vest on each subsequent three (3) month anniversary of the transaction date, subject to the Reporting Person continuing to be a service provider through each such date.
On March 23, 2015, the Issuer canceled, pursuant to the Issuer's option exchange program, options granted to the Reporting Person on 09/13/2009 and 11/09/2010. In exchange for these options to cumulatively purchase 52,500 shares, the Reporting Person received a new option to purchase 42,000 shares at a lower exercise price.
These options vest monthly over 24 months.
On March 23, 2015, the Issuer canceled, pursuant to the Issuer's option exchange program, options granted to the Reporting Person on 08/03/2011, 10/31/2012, and 07/30/13. In exchange for these options to cumulatively purchase 16,250 shares, the Reporting Person received a new option to purchase 13,000 shares at a lower exercise price.
These options vest monthly over 36 months.
/s/ Andrew S. Hughes, by power of attorney
2015-03-25