PETERSON DONALD 4
4 · AVAYA INC · Filed Nov 4, 2003
Insider Transaction Report
Form 4
PETERSON DONALD
DirectorChairman, CEO and President
Transactions
- Exercise/Conversion
Common Stock
2003-11-01+202,500→ 594,460 total - Exercise/Conversion
Restricted Stock Units
2003-11-01−202,500→ 5,667,486 total→ Common Stock (202,500 underlying)
Footnotes (2)
- [F1]On 11/01/2003, the reporting person had restricted stock units from a prior grant vest in the amount of 202,500 shares of common stock. Shares of Avaya common stock underlying restricted stock units (RSUs) are issued for vested RSUs at no cost on a one-for-one basis. Pursuant to an election made by the reporting person, receipt of the underlying shares has been deferred by the reporting person under the Avaya Inc. Deferred Compensation Plan.
- [F2]Total includes 280,000 restricted stock units from prior grants that have not vested and excludes 760,944 shares of common stock from prior vesting of awards the receipt of which has been deferred pursuant to the terms of the Avaya Inc. Deferred Compensation Plan.