DAVIS AARON L 4
4 · AMERICAN POWER CONVERSION CORPORATION · Filed Jun 9, 2006
Insider Transaction Report
Form 4
DAVIS AARON L
Senior Vice President
Transactions
- Award
Common Stock
2006-06-07+12,500→ 71,502 total
Holdings
- 17,251(indirect: See Footnote)
Common Stock
Footnotes (2)
- [F1]The securities awarded on June 7, 2006 are in the form of restricted stock units (RSUs) issued pursuant to the American Power Conversion Corporation 2004 Long-Term Incentive Plan that entitles the reporting person to receive one (1) share of common stock per RSU. The restricted stock units will vest, and the underlying common stock issue, ratably over four years. The first tranche of shares will vest on June 30, 2007, with an equal number of shares vesting on June 30, 2008, June 30, 2009 and June 30, 2010.
- [F2]Reflects shares held by Mr. Davis in the Company's 401(K) plan as of 12/31/05.