SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Gillman Charles M

(Last) (First) (Middle)
20415 NORDHOFF STREET

(Street)
CHATSWORTH CA 91311

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
MRV COMMUNICATIONS INC [ MRVC.PK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
11/30/2010
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/30/2010 P 2,500 A $1.64 3,396,052 I See Footnote(1)
Common Stock 11/30/2010 P 7,500 A $1.65 3,403,552 I See Footnote(1)
Common Stock 12/02/2010 P 13,500 A $1.65 3,417,052 I See Footnote(1)
Common Stock 12/02/2010 P 11,500 A $1.66 3,428,552 I See Footnote(1)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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 Securities Underlying Derivative Security (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: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (Right to Buy) $1.66 12/01/2010 A 36,080 06/01/2011(2) 12/01/2020 Common Stock 36,080 $1.66 113,811 D
Explanation of Responses:
1. Mr. Gillman is the sole portfolio manager for Boston Avenue Capital, LLC ("BAC") which directly owns 3,428,552 shares of MRV's common stock. Mr. Gillman has the right to vote the investments held by BAC and may be deemed to be the beneficial owner of the 3,428,552 shares owned by BAC. Mr. Gillman disclaims beneficial ownership of any of the shares included in this report except to the extent of his pecuniary interest therein.
2. Options vest in six months from the date of grant on 06/01/2011. The options expire ten years from the date of grant.
Anne-Marie Frisch, Attorney-In-Fact For Charles M. Gillman 12/02/2010
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
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