Filing Details
- Accession Number:
- 0001490373-11-000004
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2011-03-02 16:13:57
- Reporting Period:
- 2011-03-01
- Filing Date:
- 2011-03-02
- Accepted Time:
- 2011-03-02 16:13:57
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1105472 | Sonus Networks Inc | SONS | Services-Computer Integrated Systems Design (7373) | 043387074 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1490373 | Kumar Vishwanathan | C/O Sonus Networks, Inc. 4 Technology Park Drive Westford MA 01886 | Vp, Eng. & Chief Architect | 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 | 2011-03-01 | 56,250 | $1.74 | 137,440 | No | 4 | M | Direct | |
Common Stock | Disposition | 2011-03-01 | 90,565 | $3.79 | 46,875 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Employee Stock Option (right to buy) | Disposition | 2011-03-01 | 56,250 | $0.00 | 56,250 | $1.74 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
93,750 | 2019-08-17 | No | 4 | M | Direct |
Footnotes
- The option exercise and sale reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 5, 2010.
- 25% of the shares underlying this option vested on August 3, 2010. The remaining 75% of the shares underlying this option will then vest in equal monthly increments for the following 36 months through August 3, 2013.