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