0001219210-15-000084.txt : 20150325
0001219210-15-000084.hdr.sgml : 20150325
20150325181535
ACCESSION NUMBER: 0001219210-15-000084
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: Bencala Dennis
CENTRAL INDEX KEY: 0001443070
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-51532
FILM NUMBER: 15725775
MAIL ADDRESS:
STREET 1: 217 DEVCON DRIVE
CITY: SAN JOSE
STATE: CA
ZIP: 95112
4
1
wf-form4_142732172517641.xml
FORM 4
X0306
4
2015-03-23
0
0001219210
IKANOS COMMUNICATIONS, INC.
IKAN
0001443070
Bencala Dennis
C/O IKANOS COMMUNICATIONS
47669 FREMONT BLVD.
FREMONT
CA
94538
0
1
0
0
VP and Chief Financial Officer
Stock Option (right to buy)
18.2
2015-03-23
4
D
0
30000
D
2017-06-14
Common Stock
30000.0
0
D
Stock Option (right to buy)
2.8
2015-03-23
4
A
0
24000
A
2022-03-23
Common Stock
24000.0
24000
D
Stock Option (right to buy)
12.7
2015-03-23
4
D
0
5500
D
2018-08-03
Common Stock
5500.0
0
D
Stock Option (right to buy)
13.9
2015-03-23
4
D
0
12500
D
2019-10-31
Common Stock
12500.0
0
D
Stock Option (right to buy)
13.2
2015-03-23
4
D
0
7500
D
2020-07-30
Common Stock
7500.0
0
D
Stock Option (right to buy)
2.8
2015-03-23
4
A
0
20400
A
2022-03-23
Common Stock
20400.0
20400
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, an option granted to the Reporting Person on 06/14/2010. In exchange for the option to purchase 30,000 shares, the Reporting Person received a new option to purchase 24,000 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 25,500 shares, the Reporting Person received a new option to purchase 20,400 shares at a lower exercise price.
These options vest monthly over 36 months.
/s/ Andrew S. Hughes, by power of attorney
2015-03-25