AVAYA INC 4
4 · AVAYA INC · Filed Sep 13, 2006
Insider Transaction Report
Form 4
DAMBROSIO LOUIS
GVP Sales, Channels, Marketing
Transactions
- Exercise/Conversion
Common Stock
2006-09-11$2.69/sh+50,000$134,500→ 506,035 total - Exercise/Conversion
Stock Option (right to buy)
2006-09-11$2.69/sh−50,000$134,500→ 1,305,659 totalExercise: $2.69Exp: 2009-12-17→ Common Stock (50,000 underlying) - Sale
Common Stock
2006-09-11$11.00/sh−50,000$550,000→ 456,035 total
Footnotes (3)
- [F1]Includes 204,098 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.