XNAS:XXIA Ixia Insider Activity 4 Filing - 3/16/2012

Effective Date 3/16/2012

XNAS:XXIA (Ixia): Fair Value Estimate
Premium
XNAS:XXIA (Ixia): Consider Buying
Premium
XNAS:XXIA (Ixia): Consider Selling
Premium
XNAS:XXIA (Ixia): Fair Value Uncertainty
Premium
XNAS:XXIA (Ixia): Economic Moat
Premium
XNAS:XXIA (Ixia): Stewardship
Premium
 
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
GINSBERG ERROL
  2. Issuer Name and Ticker or Trading Symbol
IXIA [XXIA]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
(see Remarks)
(Last)
(First)
(Middle)
C/O IXIA, 26601 WEST AGOURA ROAD
3. Date of Earliest Transaction (Month/Day/Year)
03/16/2012
(Street)

CALABASAS, CA 91302
4. If Amendment, Date 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
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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 03/16/2012   A(1)   25,000 A $ 0 135,432 D  
Common Stock               4,827,986 I By Errol Ginsberg and Annette R. Michelson Family Trust dated 10/13/1999

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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 control number. SEC 1474 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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 Underlying Securities
(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 of Derivative Security: 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
Employee Stock Option (Right to Buy) $8.88 03/16/2012   A   140,000     (2) 03/12/2017 Common Stock 140,000 $ 0 140,000(2) D  
Employee Stock Option (Right to Buy) $12.66 03/16/2012   A   75,000     (3) 03/16/2019 Common Stock 75,000 $ 0 75,000 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
GINSBERG ERROL
C/O IXIA
26601 WEST AGOURA ROAD
CALABASAS, CA 91302
  X     (see Remarks)  

Signatures

 Errol Ginsberg   03/20/2012
** Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) Restricted Stock Units for 25,000 shares vest and shares will be issued in 16 equal quarterly installments with the first installment vesting on 5/15/12 and one additional installment vesting on the 15th day of the second calendar month of each of the fifteen calendar quarters thereafter. Each Restricted Stock Unit represents the right to receive one share of Ixia Common Stock to be issued and delivered upon the applicable vesting date.
(2) On March 12, 2010, the reporting person was granted an option to purchase 140,000 shares of common stock. The option became earned and eligible for vesting based on the extent to which Ixia achieved a financial performance goal (established for purposes of the option) for the Company's combined 2010 and 2011 fiscal years. The Company achieved the goal in full, and on March 16, 2012, the option became earned and eligible for vesting as to all 140,000 shares. The option vested as to 70,000 of such shares on March 16, 2012, and the remaining shares will vest and become exercisable in eight equal quarterly installments commencing June 30, 2012.
(3) Option to purchase 75,000 shares will vest and become exercisable in 16 quarterly installments commencing June 30, 2012.
 
Remarks:
Reporting Person is an Officer of the Issuer and his full title is:  Chairman of the Board and Chief Innovation Officer.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.

XNAS:XXIA Ixia Insider Activity 4 Filling

Ixia XNAS:XXIA Stock - Get Insider Activity SEC Filing of Ixia XNAS:XXIA stocks, including company profile, shares outstanding, strategy, business segments, operations, officers, consolidated financial statements, financial notes and ownership information.

Content Partners
XNAS:XXIA Ixia Insider Activity 4 Filing - 3/16/2012
Name |  Ticker |  Star Rating |  Market Cap |  Stock Type |  Sector |  Industry Star Rating |  Investment Style |  Total Assets |  Category |  Top Holdings |  Top Sectors |  Symbol |  Title Star Rating |  Category |  Total Assets |  Top Holdings |  Top Sectors |  Symbol |  Name Title |  Date |  Author |  Collection |  Interest |  Popularity Topic |  Sector |  Key Indicators |  User Interest |  Market Cap |  Industry Name |  Ticker |  Star Rating |  Market Cap |  Stock Type |  Sector |  Industry Star Rating |  Investment Style |  Total Assets |  Category |  Top Holdings |  Top Sectors |  Symbol / Ticker |  Title Star Rating |  Category |  Total Assets |  Symbol / Ticker |  Name Title |  Date |  Author |  Collection |  Popularity |  Interest Title |  Date |  Company |  Symbol |  Interest |  Popularity Topic |  Sector |  Key Indicators |  User Interest |  Market Cap |  Industry Name |  Ticker |  Popularity |  Our Choices Title |  Date |  Company |  Symbol |  Interest |  Popularity

Previous: XNAS:XXIA Ixia Insider Activity 4 Filing - 3/16/2012  |  Next: XNAS:XXIA Ixia Insider Activity 4 Filing - 3/20/2012