4//SEC Filing
Daly Stephen M 4
Accession 0001179110-09-000739
CIK 0001109808other
Filed
Jan 6, 7:00 PM ET
Accepted
Jan 7, 5:37 PM ET
Size
11.3 KB
Accession
0001179110-09-000739
Insider Transaction Report
Form 4
AVOCENT CORPAVCT
Daly Stephen M
Senior VP & LANDesk GM
Transactions
- Tax Payment
Common stock
2009-01-02$17.85/sh−4,479$79,950→ 44,223 total
Holdings
- 3,300
Options (rights to buy)
Exercise: $26.14From: 2005-06-30Exp: 2015-06-30→ Common Stock (3,300 underlying) - 30,000
Options (rights to buy)
Exercise: $37.28From: 2003-11-18Exp: 2013-11-18→ Common stock (30,000 underlying) - 5,000
Options (rights to buy)
Exercise: $26.68From: 2004-08-13Exp: 2014-08-13→ Common stock (5,000 underlying) - 20,312
Performance-share Award with Market Conditions
Exercise: $0.00From: 2008-02-19Exp: 2018-02-19→ Common Stock (20,312 underlying)
Footnotes (5)
- [F1]Grant date, 4 year vesting, 25% on first anniversary of grant date, then 6.25% vests quarterly over the remaining 12 quarters. The vesting accelerated and became 100% vested on December 25, 2005.
- [F2]Grant date, 100% vests on December 31, 2005.
- [F3]Includes time-based and performance-based (now deemed earned) restricted shares awarded on April 25, 2006, April 27, 2007, and February 19, 2008. 13,182 shares vest on January 1, 2009, 8,195 vest on January 1, 2010, and 4,166 vest on January 1, 2011. Also includes 11,000 shares of restricted stock units that vest on the earlier of the first anniversary of the grant date or the closing price of Avocent's common stock being at or above a specified level for each trading day during any consecutive 30 calendar day period.
- [F4]Grant Date; These are performance-shares awards with market conditions tied to company stock price to be earned over a two year period. If earned, the shares will vest over a two year period beginning January 1, 2008.
- [F5]4,479 shares were withheld as payment for taxes at the release of restricted shares on January 2, 2008.
Documents
Issuer
AVOCENT CORP
CIK 0001109808
Entity typeother
Related Parties
1- filerCIK 0001317288
Filing Metadata
- Form type
- 4
- Filed
- Jan 6, 7:00 PM ET
- Accepted
- Jan 7, 5:37 PM ET
- Size
- 11.3 KB