SARACINO SAMUEL F 4
4 · AVOCENT CORP · Filed Jan 7, 2009
Insider Transaction Report
Form 4
AVOCENT CORPAVCT
SARACINO SAMUEL F
Exec VP of Legal and Corp
Transactions
- Tax Payment
Common Stock
2009-01-02$17.85/sh−3,802$67,866→ 50,356 total
Holdings
- 100,000
Options (rights to buy)
Exercise: $52.44From: 2000-09-18Exp: 2010-09-18→ Common Stock (100,000 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) - 30,000
Options (rights to buy)
Exercise: $40.98From: 2004-02-05Exp: 2014-02-05→ Common Stock (30,000 underlying) - 10,000
Option (rights to buy)
Exercise: $28.96From: 2004-08-19Exp: 2014-08-19→ Common Stock (10,000 underlying) - 8,500
Options (rights to buy)
Exercise: $26.14From: 2005-06-30Exp: 2015-06-30→ Common Stock (8,500 underlying) - 16,046
Performance-Share Award with Market Conditions
Exercise: $0.00From: 2008-02-19Exp: 2018-02-19→ Common Stock (16,046 underlying)
Footnotes (6)
- [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, April 27, 2008, and February 19, 2008. 13,122 shares vest on January 1, 2009, 6,876 shares vest on January 1, 2010, and 3,291 shares vest on January 1, 2010. Also includes 8,000 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 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.
- [F6]3,802 shares were withheld as payment for taxes at the release of restricted shares on January 2, 2008.