FOUNDRY NETWORKS INC 4
4 · FOUNDRY NETWORKS INC · Filed Nov 7, 2007
Insider Transaction Report
Form 4
BRIDGES RICHARD W
VP Operations
Transactions
- Sale
Common Stock
2007-11-06$21.00/sh−25,000$525,000→ 133,943 total - Exercise/Conversion
Common Stock
2007-11-06$8.14/sh+25,000$203,500→ 158,943 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2007-11-06−85,000→ 95,000 totalExercise: $8.14From: 2007-02-05Exp: 2013-02-04→ Common Stock (85,000 underlying) - Sale
Common Stock
2007-11-06$20.70/sh−60,000$1,242,000→ 133,943 total - Exercise/Conversion
Common Stock
2007-11-06$8.14/sh+60,000$488,400→ 193,943 total
Footnotes (1)
- [F1]Option vests 12.5% 6 months from grant date and then monthly for the following 42 months.