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Filing Details

Accession Number:: 0001209191-11-039371
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2011-07-13 16:02:22
Reporting Period:: 2011-07-11

Filing Date:: 2011-07-13
Accepted Time:: 2011-07-13 16:02:22
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1092367	Sycamore Networks Inc	SCMR	Telephone & Telegraph Apparatus (3661)	043410558

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1208456	Kevin Oye	C/O Sycamore Networks 220 Mill Road Chelmsford MA 01824	Vp, Systems And Technology	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2011-07-11	3,373	$17.70	3,532	No	4	M	Direct
Common Stock	Acquisiton	2011-07-11	8,970	$17.39	12,502	No	4	M	Direct
Common Stock	Disposition	2011-07-11	12,343	$21.78	159	No	4	S	Direct
Common Stock	Acquisiton	2011-07-12	8,823	$17.39	8,982	No	4	M	Direct
Common Stock	Disposition	2011-07-12	8,823	$21.25	159	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Non-Qualified Stock Option (Right to Buy)	Disposition	2011-07-11	3,373	$0.00	3,373	$17.70
Common Stock	Non-Qualified Stock Option (Right to Buy)	Disposition	2011-07-11	8,970	$0.00	8,970	$17.39
Common Stock	Non-Qualified Stock Option (Right to Buy)	Disposition	2011-07-12	8,823	$0.00	8,823	$17.39

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
26,720	2003-04-29	2012-04-29	No	4	A	Direct
151,103	2003-04-29	2012-04-29	No	4	A	Direct
142,280	2003-04-29	2012-04-29	No	4	A	Direct

Footnotes

The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 17, 2011.
This transaction was executed in multiple trades at prices ranging from $21.60 to $22.25 per share. The price reported represents the weighted average sale price of these trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price.
This transaction was executed in multiple trades at prices ranging from $21.09 to $21.59 per share. The price reported represents the weighted average sale price of these trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price.
Amount takes into account adjustments made to the exercise prices and option awards share numbers following the implementation of the previously announced 1-for-10 reverse stock split of the Company's Common Stock, which became effective at 5:00 p.m., Eastern Time, on December 21, 2009 and the payment of cash distributions of $1.00 and $6.50 per share of Common Stock on December 15, 2009 and December 22, 2010, respectively. Under the terms of the reverse stock split, every ten shares of the Company's issued and outstanding Common Stock immediately prior to the effective time were combined into one share of Common Stock.
Options vested 20% on April 29, 2003 and 5% quarterly thereafter. Options became fully vested on April 29, 2007.