Filing Details
- Accession Number:
- 0001120295-17-000022
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-03-08 17:51:59
- Reporting Period:
- 2017-03-06
- Filing Date:
- 2017-03-08
- Accepted Time:
- 2017-03-08 17:51:59
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1120295 | Ixia | XXIA | Instruments For Meas & Testing Of Electricity & Elec Signals (3825) | 954635982 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1602025 | T Brent Novak | C/O Ixia 26601 W. Agoura Road Calabasas CA 91302 | Chief Financial Officer | No | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2017-03-06 | 33,300 | $0.00 | 97,194 | No | 4 | A | Direct | |
Common Stock | Disposition | 2017-03-08 | 6,317 | $19.51 | 90,877 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | A | Direct | |
No | 4 | S | Direct |
Footnotes
- On February 27, 2015, the Reporting Person was granted a target number of 22,200 performance-based Restricted Stock Units ("RSUs"). Up to 150% of the RSUs could become earned and eligible for vesting, based on the extent to which Ixia achieved a financial performance goal (established for purposes of the RSUs) for the Company's combined 2015 and 2016 fiscal years. On March 6, 2017, 150% of such RSUs became earned and eligible for vesting. 16,650 RSUs vested on March 6, 2017, and the remaining 16,650 RSUs will vest in eight equal quarterly installments, with the first installment vesting on May 15, 2017 and one additional installment vesting on the fifteenth day of the second calendar month of each calendar quarter thereafter. Each RSU represents the right to receive one share of Ixia Common Stock to be issued and delivered on or within five business days following the applicable vesting date.
- Includes 867 shares acquired under the Ixia Employee Stock Purchase Plan on 10/31/2016.
- Represents shares sold to cover tax withholding obligations upon the vesting of restricted stock units.