AKIN LAURENCE L 4
4 · FOUNDRY NETWORKS INC · Filed Nov 1, 2007
Insider Transaction Report
Form 4
AKIN LAURENCE L
SVP, Worldwide Sales
Transactions
- Sale
Common Stock
2007-10-31$21.00/sh−50,000$1,050,000→ 102,485 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2007-10-31−50,000→ 140,000 totalExercise: $8.14From: 2007-02-05Exp: 2013-02-04→ Common Stock (50,000 underlying) - Exercise/Conversion
Common Stock
2007-10-31$8.14/sh+50,000$407,000→ 152,485 total
Footnotes (1)
- [F1]Option vests 12.5% 6 months from grant date then monthly for the following 42 months.