AVOCENT CORP 4
4 · AVOCENT CORP · Filed Jan 4, 2008
Insider Transaction Report
Form 4
AVOCENT CORPAVCT
SARACINO SAMUEL F
Exec VP of Legal and Corp
Transactions
- Tax Payment
Common Stock
2008-01-02$22.30/sh−3,567$79,544→ 36,283 total
Holdings
- 30,000
Options (rights to buy)
Exercise: $40.98From: 2004-02-05Exp: 2014-02-05→ Common Stock (30,000 underlying) - 76
Options (rights to buy)
Exercise: $21.77From: 2002-04-15Exp: 2012-04-15→ Common Stock (76 underlying) - 40,000
Options (rights to buy)
Exercise: $27.25From: 2003-03-07Exp: 2013-03-07→ Common Stock (40,000 underlying) - 10,000
Option (rights to buy)
Exercise: $28.96From: 2004-08-19Exp: 2014-08-19→ Common Stock (10,000 underlying) - 100,000
Options (rights to buy)
Exercise: $52.44From: 2000-09-18Exp: 2010-09-18→ Common Stock (100,000 underlying) - 8,500
Options (rights to buy)
Exercise: $26.14From: 2005-06-30Exp: 2015-06-30→ Common Stock (8,500 underlying)
Footnotes (5)
- [F1]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.
- [F2]Grant date, 25% vests after 6 months and in 10 equal quarterly installments thereafter. The vesting of the unvested options priced at higher then $25.00 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: 2,742 shares vest on January 1, 2008; 7,168 shares vest equally over two years, one-half on January 1, 2008 and one-half on January 1, 2009. Includes 10,753 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]3,567 Shares were withheld as payment for taxes at the release of restricted share on January 2, 2008