4//SEC Filing
Borman Michael J 4
Accession 0001179110-09-000737
CIK 0001109808other
Filed
Jan 6, 7:00 PM ET
Accepted
Jan 7, 5:36 PM ET
Size
6.9 KB
Accession
0001179110-09-000737
Insider Transaction Report
Form 4
AVOCENT CORPAVCT
Borman Michael J
DirectorChief Executive Officer
Transactions
- Tax Payment
Common Stock
2009-01-02$17.85/sh−16,016$285,886→ 108,984 total
Holdings
- 125,000
Performance-share Award with Market Conditions
Exercise: $0.00From: 2008-07-15Exp: 2018-07-15→ Common Stock (125,000 underlying)
Footnotes (3)
- [F1]These are time-based restricted shares granted on July 15, 2008. 50,000 shares scheduled to vest on January 1, 2009, and 25,000 units scheduled to vest on January 1 of each of 2010, 2011, and 2012.
- [F2]Grant date; These are performance-shares awards with market conditions tied to company stock price to be earned over an eighteen month period. If earned, the shares will vest over a three year period beginning January 1, 2010.
- [F3]16,016 shares were withheld as payment for taxes at the release of restricted shares on January 2, 2009.
Documents
Issuer
AVOCENT CORP
CIK 0001109808
Entity typeother
Related Parties
1- filerCIK 0001440091
Filing Metadata
- Form type
- 4
- Filed
- Jan 6, 7:00 PM ET
- Accepted
- Jan 7, 5:36 PM ET
- Size
- 6.9 KB