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Form 3 IXIA For: Sep 01 Filed by: Key Patricia

September 7, 2016 5:21 PM EDT
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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1. Name and Address of Reporting Person *
Key Patricia

(Last) (First) (Middle)
C/O IXIA
26601 WEST AGOURA ROAD

(Street)
CALABASAS CA 91302

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
09/01/2016
3. Issuer Name and Ticker or Trading Symbol
IXIA [ XXIA ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
See Remarks
5. 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 Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 40,241
D
 
Common Stock 469 (1)
D
 
Common Stock 2,344 (2)
D
 
Common Stock 3,938 (3)
D
 
Common Stock 3,334 (4)
D
 
Common Stock 8,125 (5)
D
 
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents the unvested portion of Restricted Stock Units ("RSUs") granted on 10/4/2012. The RSUs will vest on 11/15/2016. Each RSU represents the right to receive one share of Ixia Common Stock to be issued and delivered on the vesting date.
2. Represents the unvested portion of RSUs granted on 10/10/2013. The RSUs will vest in five equal quarterly installments, with the first installment vesting on 11/15/2016 and one additional installment vesting on the 15th day of the second calendar month of each of the four calendar quarters thereafter. Each RSU represents the right to receive one share of Ixia Common Stock to be issued and delivered on the applicable vesting date.
3. Represents the unvested portion of RSUs granted on 10/2/2014. The RSUs will vest in nine equal quarterly installments, with the first installment vesting on 11/15/2016 and one additional installment vesting on the 15th day of the second calendar month of each of the eight calendar quarters thereafter. Each RSU represents the right to receive one share of Ixia Common Stock to be issued and delivered on the applicable vesting date.
4. Represents the unvested portion of RSUs granted on 8/7/2015. The RSUs will vest in two equal quarterly installments, with the first installment vesting on 11/15/2016 and the second installment vesting on 02/15/2017. Each RSU represents the right to receive one share of Ixia Common Stock to be issued and delivered on the applicable vesting date.
5. Represents the unvested portion of RSUs granted on 11/6/2015. The RSUs will vest in 13 equal quarterly installments, with the first installment vesting on 11/15/2016 and one additional installment vesting on the 15th day of the second calendar month of each of the 12 calendar quarters thereafter. Each RSU represents the right to receive one share of Ixia Common Stock to be issued and delivered on the applicable vesting date.
Remarks:
Reporting Person is an Officer of the Issuer and her full title is: Senior Vice President, Global Sales
Patricia Key 09/06/2016
** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.


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