Sec Form 4 Filing - Lo Selina Y @ RUCKUS WIRELESS INC - 2016-01-04

Insider filing report for Changes in Beneficial Ownership
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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
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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1. Name and Address of Reporting Person
Lo Selina Y
2. Issuer Name and Ticker or Trading Symbol
RUCKUS WIRELESS INC [ RKUS]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
President, CEO
(Last) (First) (Middle)
C/O RUCKUS WIRELESS, INC., 350 WEST JAVA DRIVE
3. Date of Earliest Transaction (MM/DD/YY)
01/04/2016
(Street)
SUNNYVALE, CA94089
4. If Amendment, Date Original Filed (MM/DD/YY)
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 (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 01/04/2016 S( 1 ) 41,700 ( 2 ) D $ 10.5751 ( 3 ) 2,311,374 I See attached footnote. ( 4 )
Common Stock 01/05/2016 S( 1 ) 41,700 ( 2 ) D $ 10.1921 ( 5 ) 2,269,674 I See attached footnote. ( 4 )
Common Stock 249,372 ( 6 ) D
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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
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
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Lo Selina Y
C/O RUCKUS WIRELESS, INC.
350 WEST JAVA DRIVE
SUNNYVALE, CA94089
X President, CEO
Signatures
/s/ Seamus Hennessy, as attorney in fact 01/06/2016
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 26, 2015.
( 2 )These shares were sold by the Selina Lo Living Trust Dated July 22, 1997.
( 3 )This sale price represents the weighted average sale price of the shares sold ranging from $1035 to $10.76 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
( 4 )Consists of 268,597 shares of common stock held by The Lo 1999 Family Trust for the benefit of certain family members of the Reporting Person, 7,800 shares of common stock held by The 2003 Irrevocable Trust for the benefit of a certain family member of the Reporting Person, 11,099 shares of common stock held by The 2004 Irrevocable Trust for the benefit of a certain family member of the Reporting Person, 197,171 shares of common stock held by the Selina Lo Family Trust Dated December 4, 2012, 1,782,360 shares of common stock held by Selina Lo, Trustee of Selina Y. Lo Trust U/T/D 7/22/97 and 2,647 shares held by Moonlight, LLC. The Reporting Person is a Trustee of The Lo 1999 Family Trust, The 2003 Irrevocable Trust, The 2004 Irrevocable Trust and the Selina Y. Lo Trust U/T/D 7/22/97. The Reporting Person is Grantor of the Selina Lo Family Trust Dated December 4, 2012. The reporting person is a managing member of Moonlight LLC.
( 5 )This sale price represents the weighted average sale price of the shares sold ranging from $10.11 to $10.38 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
( 6 )Includes restricted stock units granted to the reporting person. Each restricted stock unit represents a contingent right to receive one share of Issuer's Common Stock.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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