Home/Filings/4/0001090071-07-000011
4//SEC Filing

FOUNDRY NETWORKS INC 4

Accession 0001090071-07-000011

CIK 0001090071operating

Filed

Jun 14, 8:00 PM ET

Accepted

Jun 15, 4:35 PM ET

Size

13.4 KB

Accession

0001090071-07-000011

Insider Transaction Report

Form 4
Period: 2006-12-28
TWOMBLY PAUL T JR
VP Customer Service
Transactions
  • Award

    Non-Qualified Stock Option (right to buy)

    2006-12-28+3,1253,125 total
    Exercise: $6.75From: 2002-06-06Exp: 2012-05-06Common Stock (3,125 underlying)
  • Disposition to Issuer

    Non-Qualified Stock Option (right to buy)

    2006-12-282,7780 total
    Exercise: $6.14From: 2002-08-05Exp: 2012-02-05Common Stock (2,778 underlying)
  • Disposition to Issuer

    Non-Qualified Stock Option (right to buy)

    2006-12-283,1250 total
    Exercise: $4.94From: 2002-06-06Exp: 2012-05-06Common Stock (3,125 underlying)
  • Award

    Non-Qualified Stock Option (right to buy)

    2006-12-28+2,7782,778 total
    Exercise: $7.28From: 2002-08-05Exp: 2012-02-05Common Stock (2,778 underlying)
Footnotes (2)
  • [F1]Amendment of outstanding options resulting in deemed cancellation of option and grant replacement option with a higher exercise price. The option was originally granted on February 5, 2002, and provides monthly vesting over 4 years with a 6 month cliff of 12.5%. On December 28, 2006 the per share option exercise price was amended to equal the fair market value on the original grant date of the option. On June 5, 2007 the company concluded the pre-clearance of revised stock option measurement dates with the Office of the Chief Accountant of the SEC and determined that the fair market value on the original grate date was $7.28.
  • [F2]Amendment of outstanding options resulting in deemed cancellation of option and grant replacement option with a higher exercise price. The option was originally granted on May 6, 2006, and provides vesting in 48 monthly installments. On December 28, 2006 the per share option exercise price was amended to equal the fair market value on the original grant date of the option. On June 5, 2007 the company concluded the pre-clearance of revised stock option measurement dates with the Office of the Chief Accountant of the SEC and determined that the fair market value on the original grate date was $6.75.

Issuer

FOUNDRY NETWORKS INC

CIK 0001090071

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001090071

Filing Metadata

Form type
4
Filed
Jun 14, 8:00 PM ET
Accepted
Jun 15, 4:35 PM ET
Size
13.4 KB