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 *

Bassan-Eskenazi Amir
2. Issuer Name and Ticker or Trading Symbol

BigBand Networks, Inc. [ BBND ]
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 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    27500   A $0.00   405451   D    
Common Stock                  424258   I   wife  
Common Stock                  5851   I   daughter  
Common Stock                  5851   I   son  

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         375000      (1) 11/1/2016   Common Stock   375000     (2) 0   D    
Restricted Stock Units     (3) 11/18/2010     A      125000         (4) 11/17/2020   Common Stock   125000     (2) 125000   D    
Restricted Stock Units     (3) 11/19/2010     M         27500      (5) 5/18/2019   Common Stock   27500   $0.00   137500   D    

Explanation of Responses:
( 1)  The option vested as to 1/36 of the shares per month beginning on December 1, 2007.
( 2)  On November 18, 2010, pursuant to the issuer's option exchange program, the issuer canceled an option for 375,000 shares of BBND common stock granted to the reporting person on November 2, 2006. In exchange, the reporting person received 125,000 restricted stock units.
( 3)  Each restricted stock unit represents a contingent right to receive one share of BBND common stock.
( 4)  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.
( 5)  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.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Bassan-Eskenazi Amir
C/O BIGBAND NETWORKS, INC.
475 BROADWAY STREET
REDWOOD CITY, CA 94063
X
President & CEO

Signatures
/s/ Amir Bassan-Eskenazi 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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