AVAYA INC 4
4 · AVAYA INC · Filed Feb 5, 2007
Insider Transaction Report
Form 4
DAMBROSIO LOUIS
GVP Sales, Channels, Marketing
Transactions
- Exercise/Conversion
Common Stock
2007-02-01$2.69/sh+50,000$134,500→ 586,003 total - Sale
Common Stock
2007-02-01$12.64/sh−50,000$632,000→ 536,003 total - Exercise/Conversion
Stock Option (right to buy)
2007-02-01$2.69/sh−50,000$134,500→ 1,383,366 totalExercise: $2.69Exp: 2009-12-17→ Common Stock (50,000 underlying)
Footnotes (3)
- [F1]Includes 284,066 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.