SEC FORM 3

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

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1. Name and Address of Reporting Person^*

Novak Brent T

(Last)

(First)

(Middle)

C/O IXIA

26601 W. AGOURA ROAD

(Street)

CALABASAS

91302

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/03/2014

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)
	Acting CFO (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	26,084	D
Common Stock⁽¹⁾	2,000	D
Common Stock⁽²⁾	3,000	D
Common Stock⁽³⁾	6,000	D
Common Stock⁽⁴⁾	7,000	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)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	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)

Explanation of Responses:

1. Restricted Stock Unites ("RSUs") for 2,000 shares are (i) vested as to 500 shares, but the underlying shares have not been issued and (ii) the remaining 1,500 shares vest and the shares represented thereby will be issued in 3 equal quarterly installments on each of May 15, 2014, August 15, 2014 and November 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 Unites ("RSUs") for 3,000 shares are (i) vested as to 375 shares, but the underlying shares have not been issued and (ii) the remaining 2,625 shares vest and the shares represented thereby will be issued in 7 equal quarterly installments commencing on May 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.

3. Restricted Stock Unites ("RSUs") for 6,000 shares are (i) vested as to 500 shares, but the underlying shares have not been issued and (ii) the remaining 5,500 shares vest and the shares represented thereby will be issued in 11 equal quarterly installments commencing on May 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.

4. Restricted Stock Unites ("RSUs") for 7,000 shares are (i) vested as to 437 shares, but the underlying shares have not been issued and (ii) the remaining 6,563 shares vest and the shares represented thereby will be issued in 15 equal quarterly installments commencing on May 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.

Remarks:

Reporting Person is an Officer of the Issuer and his full title is: Acting Chief Financial Officer and Vice President, Finance

	Brent T. Novak	03/11/2014
	** 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.
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