4//SEC Filing
WEEKS DOYLE C 4
Accession 0001179110-09-000744
CIK 0001109808other
Filed
Jan 6, 7:00 PM ET
Accepted
Jan 7, 5:44 PM ET
Size
12.8 KB
Accession
0001179110-09-000744
Insider Transaction Report
Form 4
AVOCENT CORPAVCT
WEEKS DOYLE C
DirectorPresident, COO
Transactions
- Tax Payment
Common Stock
2009-01-02$17.85/sh−8,548$152,582→ 82,300 total
Holdings
- 12,500
Options (right to buy)
Exercise: $26.94From: 2000-05-02Exp: 2010-05-02→ Common Stock (12,500 underlying) - 200,000
Options (rights to buy)
Exercise: $52.44From: 2000-09-18Exp: 2010-09-18→ Common Stock (200,000 underlying) - 100,000
Options (rights to buy)
Exercise: $27.25From: 2003-03-07Exp: 2013-03-07→ Common Stock (100,000 underlying) - 40,000
Options (rights to buy)
Exercise: $40.98From: 2004-02-05Exp: 2014-02-05→ Common Stock (40,000 underlying) - 41,467
Performance-share Award with Market Conditions
Exercise: $0.00From: 2008-02-19Exp: 2018-02-19→ Common Stock (41,467 underlying)
Footnotes (6)
- [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, April 27, 2007, and February 19, 2008. 26,183 shares vest on January 1, 2009, 14,957 shares vest on January 1, 2010, and 8,506 shares vest on January 1, 2011. Also includes 14,000 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.
- [F5]Grant Date: These shares are performance-share awards with market condition 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.
- [F6]8,548 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 0001194675
Filing Metadata
- Form type
- 4
- Filed
- Jan 6, 7:00 PM ET
- Accepted
- Jan 7, 5:44 PM ET
- Size
- 12.8 KB