AVAYA INC 4
4 · AVAYA INC · Filed Sep 13, 2006
Insider Transaction Report
Form 4
CRAVEN PAMELA
SVP, General Counsel
Transactions
- Exercise/Conversion
Stock Option (right to buy)
2006-09-11$3.00/sh−30,000$90,000→ 1,322,792 totalExercise: $3.00Exp: 2009-11-07→ Common Stock (30,000 underlying) - Exercise/Conversion
Common Stock
2006-09-11$3.00/sh+30,000$90,000→ 226,610 total - Sale
Common Stock
2006-09-11$11.00/sh−30,000$330,000→ 196,610 total
Footnotes (3)
- [F1]Includes 79,828 restricted stock units that have not yet vested and 83,246 shares held by the reporting person in an account in the Avaya Inc. Deferred Compensation Plan.
- [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 November 8, 2002 that vest in increments of 1/48 per month for 48 months beginning December 8, 2002 until fully vested.