AVAYA INC 4
4 · AVAYA INC · Filed May 3, 2006
Insider Transaction Report
Form 4
DAMBROSIO LOUIS
GVP Sales, Channels, Marketing
Transactions
- Exercise/Conversion
Common Stock
2006-05-01$2.69/sh+50,000$134,500→ 343,697 total - Sale
Common Stock
2006-05-01$11.90/sh−50,000$595,000→ 293,697 total
Footnotes (3)
- [F1]Includes 41,760 Restricted Stock Units that have not yet vested.
- [F2]This sale was effected pursuant to a Rule 10b5-1 plan that the reporting person entered into prior to the date of the transaction.
- [F3]These stock options were part of a grant made on December 18, 2002 that vest in increments of 1/48 per month for 48 months beginning January 18, 2003 until fully vested.