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
                                                                                  
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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(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Verma Sanjeev
2. Issuer Name and Ticker or Trading Symbol

AIRVANA INC [ AIRV ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
VP Marketing and Business Dev.
(Last)          (First)          (Middle)

C/O AIRVANA, INC., 19 ALPHA ROAD
3. Date of Earliest Transaction (MM/DD/YYYY)

4/5/2010
(Street)

CHELMSFORD, MA 01824
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

4/7/2010 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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   4/5/2010     M    161819   A $1.081   1579077   (1) D    
Common Stock   4/5/2010     M    32363   A $2.433   1611440   (1) D    
Common Stock                  375093   I   (2) See footnote   (3)
Common Stock                  115903   I   (2) See footnote   (4)
Common Stock                  337584   I   (2) See footnote   (5)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 7. Title and Amount of Securities Underlying Derivative Security
(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

Explanation of Responses:
( 1)  The Form 4 filed by the Reporting Person on April 7, 2010 erroneously included shares held indirectly by the Reporting Person in the number of securities beneficially owned following the reported transaction.
( 2)  The Form 4 filed by the Reporting Person on April 7, 2010 erroneously reported these shares as being directly held by the Reporting Person.
( 3)  Held by the C.H. 2008 Trust, a qualified annuity trust, for which the Reporting Person is trustee. The Reporting Person disclaims beneficial ownership of the securities indicated to the extent to which such person does not have an actual pecuniary interest in such securities.
( 4)  Held by the Reporting Person's spouse. The Reporting Person disclaims beneficial ownership of the securities indicated to the extent to which such person does not have an actual pecuniary interest in such securities.
( 5)  Held by the Cape Himalaya Trust, for which the Reporting Person's spouse is trustee. The Reporting Person disclaims beneficial ownership of the securities indicated to the extent to which such person does not have an actual pecuniary interest in such securities.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Verma Sanjeev
C/O AIRVANA, INC.
19 ALPHA ROAD
CHELMSFORD, MA 01824
X
VP Marketing and Business Dev.

Signatures
/s/ Peter C. Anastos, Attorney-in-Fact for Sanjeev Verma 4/8/2010
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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.
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