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*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
IXIA [ XXIA ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 11/20/2003 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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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 | 11/20/2003 | S(1) | 2,161 | D | $12.1 | 6,600,471 | I(2) | By Errol Ginsberg and Annette R. Michelson Family Trust dated 10/13/1999(2) | ||
Common Stock | 11/20/2003 | S(1) | 500 | D | $12.13 | 6,599,971 | I(2) | By Errol Ginsberg and Annette R. Michelson Family Trust dated 10/13/1999(2) | ||
Common Stock | 11/20/2003 | S(1) | 39 | D | $12.11 | 6,599,932 | I(2) | By Errol Ginsberg and Annette R. Michelson Family Trust dated 10/13/1999(2) | ||
Common Stock | 11/20/2003 | S(1) | 2,000 | D | $12 | 6,597,932 | I(2) | By Errol Ginsberg and Annette R. Michelson Family Trust dated 10/13/1999(2) | ||
Common Stock | 11/20/2003 | S(1) | 1,000 | D | $12.03 | 6,596,932 | I(2) | By Errol Ginsberg and Annette R. Michelson Family Trust dated 10/13/1999(2) | ||
Common Stock | 11/20/2003 | S(1) | 300 | D | $12.121 | 6,596,632 | I(2) | By Errol Ginsberg and Annette R. Michelson Family Trust dated 10/13/1999(2) | ||
Common Stock | 11/20/2003 | S(1) | 1,000 | D | $12.12 | 6,595,632 | I(2) | By Errol Ginsberg and Annette R. Michelson Family Trust dated 10/13/1999(2) | ||
Common Stock | 11/20/2003 | S(1) | 1,000 | D | $12.04 | 6,594,632 | I(2) | By Errol Ginsberg and Annette R. Michelson Family Trust dated 10/13/1999(2) | ||
Common Stock | 11/20/2003 | S(1) | 800 | D | $12.16 | 6,593,832 | I(2) | By Errol Ginsberg and Annette R. Michelson Family Trust dated 10/13/1999(2) | ||
Common Stock | 11/20/2003 | S(1) | 1,200 | D | $12.15 | 6,592,632 | I(2) | By Errol Ginsberg and Annette R. Michelson Family Trust dated 10/13/1999(2) | ||
Common Stock | 11/20/2003 | S(3) | 20,000 | D | $12.16(3) | 6,572,632 | I(2) | By Errol Ginsberg and Annette R. Michelson Family Trust dated 10/13/1999(2) | ||
Common Stock | 11/21/2003 | S(1) | 6,000 | D | $11.98 | 6,566,632 | I(2) | By Errol Ginsberg and Annette R. Michelson Family Trust dated 10/13/1999(2) | ||
Common Stock | 11/21/2003 | S(1) | 2,000 | D | $11.99 | 6,564,632 | I(2) | By Errol Ginsberg and Annette R. Michelson Family Trust dated 10/13/1999(2) | ||
Common Stock | 11/21/2003 | S(1) | 1,000 | D | $12 | 6,563,632 | I(2) | By Errol Ginsberg and Annette R. Michelson Family Trust dated 10/13/1999(2) | ||
Common Stock | 11/21/2003 | S(1) | 1,000 | D | $12.05 | 6,562,632 | I(2) | By Errol Ginsberg and Annette R. Michelson Family Trust dated 10/13/1999(2) | ||
Common Stock | 11/24/2003 | S(1) | 4,039 | D | $12 | 6,558,593 | I(2) | By Errol Ginsberg and Annette R. Michelson Family Trust dated 10/13/1999(2) | ||
Common Stock | 11/24/2003 | S(1) | 961 | D | $12.01 | 6,557,632 | I(2) | By Errol Ginsberg and Annette R. Michelson Family Trust dated 10/13/1999(2) | ||
Common Stock | 11/24/2003 | S(1) | 800 | D | $11.99 | 6,556,832 | I(2) | By Errol Ginsberg and Annette R. Michelson Family Trust dated 10/13/1999(2) | ||
Common Stock | 11/24/2003 | S(1) | 1,200 | D | $11.995 | 6,555,632 | I(2) | By Errol Ginsberg and Annette R. Michelson Family Trust dated 10/13/1999(2) | ||
Common Stock | 11/24/2003 | S(1) | 1,000 | D | $11.95 | 6,554,632 | I(2) | By Errol Ginsberg and Annette R. Michelson Family Trust dated 10/13/1999(2) | ||
Common Stock | 11/24/2003 | S(1) | 1,000 | D | $12.1 | 6,553,632 | I(2) | By Errol Ginsberg and Annette R. Michelson Family Trust dated 10/13/1999(2) | ||
Common Stock | 11/24/2003 | S(1) | 1,000 | D | $12.04 | 6,552,632 | I(2) | By Errol Ginsberg and Annette R. Michelson Family Trust dated 10/13/1999(2) | ||
Common Stock | 16,197 | I(4) | By Errol Ginsberg as Trustee of The Genia Katz 2001 QuickGRAT(4) | |||||||
Common Stock | 16,197 | I(5) | By Errol Ginsberg as Trustee of The Roleen Postan 2001 QuickGRAT(5) |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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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 |
1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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Explanation of Responses: |
1. These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Errol Ginsberg and Annette R. Michelson, or their successor, as Trustees of the Errol Ginsberg and Annette R. Michelson Family Trust dated October 13, 1999, as amended (the "Ginsberg and Michelson Family Trust"), on October 24, 2003. |
2. These shares are beneficially owned (i) directly by the Ginsberg and Michelson Family Trust, (ii) indirectly by Errol Ginsberg and (iii) indirectly by Annette R. Michelson. Mr. Ginsberg is a director, officer (President and Chief Executive Officer) and 10% owner of the Issuer. Ms. Michelson is Mr. Ginsberg's spouse and 10% owner of the Issuer. The Ginsberg and Michelson Family Trust is a 10% owner of the Issuer. |
3. The Ginsberg and Michelson Family Trust contributed Ixia Common Stock to an exchange fund in exchange for shares of the exchange fund. The Ixia Common Stock was valued at $12.16 per share for the purpose of determining the number of shares of the exchange fund issuable to the Ginsberg and Michelson Family Trust. |
4. These shares are beneficially owned (i) indirectly by Errol Ginsberg as Trustee of The Genia Katz 2001 QuickGRAT and (ii) indirectly by Annette R. Michelson as the spouse of Mr. Ginsberg, which beneficial ownership is disclaimed by Ms. Michelson. Ms. Katz is Mr. Ginsberg's sister. |
5. These shares are beneficially owned (i) indirectly by Errol Ginsberg as Trustee of The Roleen Postan 2001 QuickGRAT and (ii) indirectly by Annette R. Michelson as the spouse of Mr. Ginsberg, which beneficial ownership is disclaimed by Ms. Michelson. Ms. Postan is Mr. Ginsberg's sister. |
Remarks: |
Ronald W. Buckly, Attorney-in-Fact for Errol Ginsberg | 11/24/2003 | |
Ronald W. Buckly, Attorney-in-Fact for Errol Ginsberg as Trustee of the Ginsberg and Michelson Family Trust | 11/24/2003 | |
Ronald W. Buckly, Attorney-in-Fact for Annette R. Michelson as Trustee of the Ginsberg and Michelson Family Trust | 11/24/2003 | |
Ronald W. Buckly, Attorney-in-Fact for Annette R. Michelson | 11/24/2003 | |
** 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. |