AVOCENT CORP 4
4 · AVOCENT CORP · Filed May 18, 2005
Insider Transaction Report
Form 4
AVOCENT CORPAVCT
LEE MARK
Senior VP
Transactions
- Exercise/Conversion
Options (rights to buy)
2005-05-17$24.88/sh−5,451$135,621→ 9,087 totalExercise: $1.31From: 2003-09-30Exp: 2013-09-30→ Common Stock (5,451 underlying) - Exercise/Conversion
Common Stock
2005-05-17$1.31/sh+5,451$7,141→ 6,460 total - Sale
Common Stock
2005-05-17$24.88/sh−5,451$135,621→ 1,009 total
Holdings
- 12,598(indirect: Escrow)
Common Stock
- 67,290
Options (rights to buy)
Exercise: $37.42From: 2004-04-07Exp: 2014-04-07→ Common Stock (67,290 underlying)
Footnotes (3)
- [F1]Shares held in escrow for the benefit of Mr. Lee under terms of Escrow and Indemnification Agreement dated April 6, 2004.
- [F2]Grant date, options vest over four years, 25% on the first anniversary of the grant date and 6.25% quarterly over the remaining 12 quarters.
- [F3]Original grant date, options vest at approximately 1,817 a month until fully vested as of September 30, 2005.