DESHPANDE GURURAJ 4
4 · AIRVANA INC · Filed Jan 5, 2010
Insider Transaction Report
Form 4
AIRVANA INCAIRV
DESHPANDE GURURAJ
Director10% Owner
Transactions
- Other
Common Stock
2010-01-04−1,563,772→ 0 total - Other
Common Stock
2010-01-04−7,034,297→ 0 total(indirect: See footnote) - Other
Common Stock
2010-01-04+8,598,069→ 8,598,069 total(indirect: See footnote)
Footnotes (2)
- [F1]On January 4, 2010, the Reporting Person, the Unicorn Trust III and Unicorn Trust V, over which the Reporting Person, as trustee, exercises sole voting and investment power, the Deshpande Irrevocable Trust, over which Laurie Hall, as special trustee, exercises sole voting and investment power with respect to the shares of Airvana held by such trust, and the Gururaj Deshpande Grantor Retained Annuity Trust, over which the Reporting Person's spouse, as trustee, exercises sole voting and investment power, transferred these shares to Sparta Group MA LLC Series 5 (the "LLC") in exchange for a percentage interest in the LLC.
- [F2]Held by the LLC, of which the Reporting Person and his spouse are co-managers. The Reporting Person disclaims beneficial ownership of the securities held by the LLC, except to the extent of any pecuniary interest therein.