UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF 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 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
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. |
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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Option to Buy (Common Stock) | Â (2) | 05/10/2020 | Common Stock | 250,590 | $ 1.92 | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Ritchie John C/O UBIQUITI NETWORKS, INC. 91 E. TASMAN DRIVE SAN JOSE, CA 95134 |
 |  |  Chief Financial Officer |  |
Sean Deorsey, Attorney-in-Fact for Reporting Person | 10/12/2011 | |
**Signature of Reporting Person | Date |
* | 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). |
(1) | Conists of 375,885 restricted stock units ("RSUs"). The reporting person is entitled to receive one (1) share of Common Stock for each one (1) RSU upon vesting. On May 10, 2010, the reporting person received a grant of 501,180 RSUs. The RSUs vest in four equal annual installments beginning on May 11, 2011. |
(2) | 1/4 of the shares subject to the option became vested on May 10, 2011, and 1/48th of the shares subject to the option shall become vested each month thereafter. |
 Remarks: The anticipated effective date of the Issuer's initial public offering is Thursday, October 13, 2011. |