AVOCENT CORP 4
4 · AVOCENT CORP · Filed Jan 4, 2008
Insider Transaction Report
Form 4
AVOCENT CORPAVCT
PERRY CHARLES D
EVP & MSD GM
Transactions
- Tax Payment
Common Stock
2008-01-02$22.30/sh−4,337$96,715→ 51,973 total
Holdings
- 55,000
Options (rights to buy)
Exercise: $27.25From: 2003-03-07Exp: 2013-03-07→ Common Stock (55,000 underlying) - 11,500
Options (rights to buy)
Exercise: $26.14From: 2005-06-30Exp: 2015-06-30→ Common Stock (11,500 underlying) - 30,000
Options (rights to buy)
Exercise: $40.98From: 2004-02-05Exp: 2014-02-05→ Common Stock (30,000 underlying) - 10,000
Options (rights to buy)
Exercise: $20.81From: 2001-03-12Exp: 2011-03-12→ Common Stock (10,000 underlying) - 40,000
Options (rights to buy)
Exercise: $21.77From: 2002-04-15Exp: 2012-04-15→ Common Stock (40,000 underlying)
Footnotes (5)
- [F1]Grant date, 25% exercisable on March 12, 2002 and in 12 equal quarterly installments thereafter.
- [F2]Grant date, 25% vests after 6 months and in 10 equal quarterly installments thereafter. Vesting of unvested options (priced greater than $25.00) accelerated and became 100% vested on December 25, 2005.
- [F3]Grant date, 100% vests on December 31, 2005.
- [F4]Includes time-based and performance-based (now deemed earned) restricted shares awarded on April 25, 2006: 3,709 shares vest on January 1, 2008; 8,602 shares vest equally over two years, one-half on January 1, 2008 and one-half on January 1, 2009. Includes 12,903 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]4,337 Shares were withheld as payment for taxes at the release of restricted shares on January 2, 2008.