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 *

CRANN PAUL JR
2. Issuer Name and Ticker or Trading Symbol

BigBand Networks, Inc. [ BBND ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
VP, Product Line Management
(Last)          (First)          (Middle)

C/O BIGBAND NETWORKS, INC., 475 BROADWAY STREET
3. Date of Earliest Transaction (MM/DD/YYYY)

11/18/2010
(Street)

REDWOOD CITY, CA 94063
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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   11/19/2010     M    5725   A $0.00   24180   D    
Common Stock   11/19/2010     M    3200   A $0.00   27380   D    

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
Stock Option (right to buy)   $5.28   11/18/2010     D         72916      (1) 10/31/2016   Common Stock   72916     (2) 0   D    
Stock Option (right to buy)   $5.49   11/18/2010     D         34375      (3) 12/8/2017   Common Stock   34375     (4) 0   D    
Stock Option (right to buy)   $5.98   11/18/2010     D         24480      (3) 3/12/2018   Common Stock   24480     (5) 0   D    
Stock Option (right to buy)   $4.56   11/18/2010     D         30000      (3) 8/11/2018   Common Stock   30000     (6) 0   D    
Restricted Stock Units     (7) 11/18/2010     A      24306         (8) 11/17/2020   Common Stock   24306     (2) 24306   D    
Restricted Stock Units     (7) 11/18/2010     A      8072         (8) 11/17/2020   Common Stock   8072     (4) 8072   D    
Restricted Stock Units     (7) 11/18/2010     A      3386         (9) 11/17/2020   Common Stock   3386     (4) 3386   D    
Restricted Stock Units     (7) 11/18/2010     A      5382         (8) 11/17/2020   Common Stock   5382     (5) 5382   D    
Restricted Stock Units     (7) 11/18/2010     A      2778         (9) 11/17/2020   Common Stock   2778     (5) 2778   D    
Restricted Stock Units     (7) 11/18/2010     A      6750         (8) 11/17/2020   Common Stock   6750     (6) 6750   D    
Restricted Stock Units     (7) 11/18/2010     A      5250         (9) 11/17/2020   Common Stock   5250     (6) 5250   D    
Restricted Stock Units     (7) 11/19/2010     M         5725      (10) 5/18/2019   Common Stock   5725   $0.00   28625   D    
Restricted Stock Units     (7) 11/19/2010     M         3200      (11) 5/18/2018   Common Stock   3200   $0.00   9600   D    

Explanation of Responses:
( 1)  The option vests at the rate of 25% of the shares subject to the option on the first anniversary of the date of grant, and 1/48th of the shares subject to the option each month thereafter, subject to the reporting person's continued service to the company.
( 2)  On November 18, 2010, pursuant to the issuer's option exchange program, the issuer canceled an option for 72,916 shares of BBND common stock granted to the reporting person on November 1, 2006. In exchange, the reporting person received 24,306 restricted stock units.
( 3)  The option vests at the rate of 1/48th of the shares subject to the option each month following the date of grant, subject to the reporting person's continued service to the company.
( 4)  On November 18, 2010, pursuant to the issuer's option exchange program, the issuer canceled an option for 24,375 shares of BBND common stock granted to the reporting person on December 9, 2007. In exchange, the reporting person received 11,458 restricted stock units.
( 5)  On November 18, 2010, pursuant to the issuer's option exchange program, the issuer canceled an option for 24,480 shares of BBND common stock granted to the reporting person on March 13, 2008. In exchange, the reporting person received 8,160 restricted stock units.
( 6)  On November 18, 2010, pursuant to the issuer's option exchange program, the issuer canceled an option for 30,000 shares of BBND common stock granted to the reporting person on August 12, 2008. In exchange, the reporting person received 12,000 restricted stock units.
( 7)  Each restricted stock unit represents a contingent right to receive one share of BBND common stock.
( 8)  The restricted stock units vest as to 1/3 of the shares on the dates that are 9 months, 18 months and 27 months from the date of grant. Vested shares will be delivered to the reporting person on or about each such vesting date.
( 9)  The restricted stock units vest as to 1/12 of the shares each quarter from the date of grant. Vested shares will be delivered to the reporting person on or about each such vesting date.
( 10)  The restricted stock units vest in eight (8) equal semi-annual installments beginning on November 19, 2009. Vested shares will be delivered to the reporting person on or about each such vesting date.
( 11)  The restricted stock units vest in six (6) equal semi-annual installments beginning on November 19, 2009. Vested shares will be delivered to the reporting person on or about each such vesting date.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
CRANN PAUL JR
C/O BIGBAND NETWORKS, INC.
475 BROADWAY STREET
REDWOOD CITY, CA 94063


VP, Product Line Management

Signatures
/s/ Paul Crann Jr. by Julia Dumperth, Attorney-in-Fact 11/22/2010
** 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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