SEC Form 3
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
OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden
hours per response: 0.5
1. Name and Address of Reporting Person*
Pepe Alexander

(Last) (First) (Middle)
C/O IXIA
26001 W. AGOURA ROAD

(Street)
CALABASAS CA 91302

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
10/24/2013
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)
Chief Operating Officer
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 19,130 D
Common Stock 23,334(1) D
Common Stock 6,500(2) 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
Employee Stock Option (Right to Buy) (3) 07/01/2019 Common Stock 100,000 $12.02 D
Employee Stock Option (Right to Buy) (4) 12/13/2019 Common Stock 24,000 $15.47 D
Explanation of Responses:
1. Restricted Stock Units ("RSUs") for 23,334 shares vest and the shares represented thereby will be issued as to 5,834 shares on November 15, 2013; 5,833 shares on each of February 15, 2014 and May 15, 2014; and 5,834 shares on August 15, 2014. Each RSU represents the right to receive one share of Ixia Common Stock to be issued and delivered on the applicable vesting date.
2. Restricted Stock Units ("RSUs") for 6,500 shares vest and the shares represented thereby will be issued in 13 equal quarterly installments with the first installment vesting on November 15, 2013 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.
3. Option to purchase 100,000 shares vests and becomes exercisable as to 25,000 shares on 6/1/13 and as to the remaining 75,000 shares in twelve equal quarterly installments commencing 9/30/13.
4. Option to purchase 24,000 shares vests and becomes exercisable in sixteen equal quarterly installments commencing 3/31/13.
Remarks:
Alexander Pepe 10/31/2013
** 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 5 (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.