LEE MARK 4
4 · AVOCENT CORP · Filed Sep 7, 2005
Insider Transaction Report
Form 4
AVOCENT CORPAVCT
LEE MARK
Senior VP
Transactions
- Exercise/Conversion
Options (rights to buy)
2005-09-02−7,269→ 1,818 totalExercise: $1.31From: 2003-09-30Exp: 2013-09-30→ Common Stock (7,269 underlying) - Exercise/Conversion
Common Stock
2005-09-02$1.31/sh+7,269$9,522→ 8,945 total - Sale
Common Stock
2005-09-02$33.51/sh−7,269$243,584→ 1,676 total
Holdings
- 7,580(indirect: Escrow)
Common Stock
- 67,290
Options (rights to buy)
Exercise: $37.42From: 2004-04-07Exp: 2014-04-07→ Common Stock (67,290 underlying) - 3,300
Options (rights to buy)
Exercise: $26.14From: 2005-06-30Exp: 2015-06-30→ Common Stock (3,300 underlying)
Footnotes (4)
- [F1]Shares held in escrow for the benefit of Mr. Lee under terms of Escrow and Indemnification Agreement dated April 6, 2004. Reflects the release of 5,018 shares from escrow under terms of Escrow and Indemnification Agreement.
- [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. The vesting of all unvested options will be accelerated and become 100% vested on December 25, 2005 if the reporting person is an employee on that date.
- [F3]Original grant date, options vest at approximately 1,817 a month until fully vested as of September 30, 2005.
- [F4]Grant date, 100% vests on December 31, 2005.