AVIAT NETWORKS, INC. — Director's Dealing 2016

Sep 26, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AVIAT NETWORKS, INC. (AVNW)
CIK: 0001377789
Period of Report: 2015-08-19

Reporting Person: McFall Shaun (SVP & Chief Marketing Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-08-19	Common Stock	D	4284	—	Disposed	27417	Direct
2016-09-22	Common Stock	A	8577	—	Acquired	35994	Direct
2016-09-22	Common Stock	A	7878	—	Acquired	43872	Direct

Footnotes

F1: Performance shares subject to vesting based on the achievement of certain performance targets by the Corporation during the Corporation's fiscal year 2015. The performance targets were not achieved, and as a result, the beneficial ownership decreased by 4,284 shares.

F2: Performance share units, which are subject to vesting. Vesting requires both (a) continuing employment with the Corporation, and (b) achievement of at least the minimum performance and time result for thethree-year period set forth in the Specific Terms and Conditions. Once shares have achieved their performance components, they will vest 3 years from the date of grant. Unvested performance share units are subject to cancellation by the Corporation at $0.01 per share if eligible employment ends or, following the determination of achievement of performance measures.

F3: 100% of the shares subject to the award shall vest three years from the grant date, contingent upon continued employment.