AGERE SYSTEMS INC 4
4 · AGERE SYSTEMS INC · Filed Feb 1, 2007
Insider Transaction Report
Form 4
RANKIN JEAN F
SVP GC and Sec
Transactions
- Sale
Common Stock
2007-01-30$20.00/sh−40,000$800,000→ 5,645 total - Exercise/Conversion
Common Stock
2007-01-30$9.95/sh+40,000$398,000→ 45,645 total - Exercise/Conversion
Stock Options (Right to buy)
2007-01-30−40,000→ 0 totalExercise: $9.95From: 2003-11-01Exp: 2009-10-31→ Common Stock (40,000 underlying)
Footnotes (2)
- [F1]Includes securities acquired in transactions exempt from and not required to be reported under Section 16.
- [F2]1/4 of this option vests on November 1, 2003; 1/48th of this option vests monthly for the remaining three years of the vesting period.