Home/Filings/4/0001179110-08-000576
4//SEC Filing

AVOCENT CORP 4

Accession 0001179110-08-000576

CIK 0001109808operating

Filed

Jan 3, 7:00 PM ET

Accepted

Jan 4, 4:44 PM ET

Size

11.2 KB

Accession

0001179110-08-000576

Insider Transaction Report

Form 4
Period: 2008-01-02
WEEKS DOYLE C
DirectorPresident, COO
Transactions
  • Tax Payment

    Common Stock

    2008-01-02$22.30/sh7,258$161,85351,329 total
Holdings
  • Options (right to buy)

    Exercise: $26.94From: 2000-05-02Exp: 2010-05-02Common Stock (12,500 underlying)
    12,500
  • Options (rights to buy)

    Exercise: $27.25From: 2003-03-07Exp: 2013-03-07Common Stock (100,000 underlying)
    100,000
  • Options (rights to buy)

    Exercise: $52.44From: 2000-09-18Exp: 2010-09-18Common Stock (200,000 underlying)
    200,000
  • Options (rights to buy)

    Exercise: $40.98From: 2004-02-05Exp: 2014-02-05Common Stock (40,000 underlying)
    40,000
Footnotes (5)
  • [F1]Grant date, 50% vest and become exercisable on the first anniversary of the grant date and 25% on each grant date anniversary thereafter.
  • [F2]Grant date, 15% vests every six months for the first 12 months, 6.25% vests quarterly for the following 24 months and 5% vests quarterly for the remaining 12 months.
  • [F3]Grant date, 25% vests after 6 months and in 10 equal quarterly installments thereafter. Vesting of unvested options accelerated and became 100% vested on December 25, 2005.
  • [F4]Includes time-based and performance-based (now deemed earned) restricted shares awarded on April 25, 2006: 4,677 shares vest on January 1, 2008; 12,903 shares vest equally over two years, one-half on January 1, 2008 and one-half on January 1, 2009. Includes 19,355 time-based restricted shares granted on April 27, 2007. The shares vest equally over three years, one-third on January 1, 2008, one-third on January 1, 2009 and one-third January 1, 2010.
  • [F5]7,258 Shares were withheld as payment for taxes at the release of restricted shares on January 2, 2008.

Issuer

AVOCENT CORP

CIK 0001109808

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001109808

Filing Metadata

Form type
4
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 4:44 PM ET
Size
11.2 KB