Home/Filings/4/0001179110-09-001579
4//SEC Filing

AVOCENT CORP 4

Accession 0001179110-09-001579

CIK 0001109808operating

Filed

Jan 25, 7:00 PM ET

Accepted

Jan 26, 9:46 PM ET

Size

17.7 KB

Accession

0001179110-09-001579

Insider Transaction Report

Form 4
Period: 2009-01-22
MACSWEENEY KIERAN
Senior VP, Managing Dir. Inter
Transactions
  • Exercise/Conversion

    Common Stock

    2009-01-22$14.97/sh+3,315$49,62633,667 total
  • Exercise/Conversion

    Performance-share Award with Market Conditions

    2009-01-223,3154,972 total
    Exercise: $14.97From: 2009-01-22Exp: 2018-02-19Common Stock (3,315 underlying)
Holdings
  • Options (rights to buy)

    Exercise: $26.94From: 2000-05-02Exp: 2010-05-02Common Stock (15,000 underlying)
    15,000
  • Options (rights to buy)

    Exercise: $22.36From: 2001-05-25Exp: 2011-05-25Common Stock (40,000 underlying)
    40,000
  • Options (rights to buy)

    Exercise: $52.44From: 2000-09-18Exp: 2010-09-18Common Stock (175,000 underlying)
    175,000
  • Option (rights to buy)

    Exercise: $28.96From: 2004-08-19Exp: 2014-08-19Common Stock (10,000 underlying)
    10,000
  • Options (rights to buy)

    Exercise: $27.25From: 2003-03-07Exp: 2013-03-07Common Stock (30,000 underlying)
    30,000
  • Options (rights to buy)

    Exercise: $40.98From: 2004-02-05Exp: 2014-02-05Common Stock (15,000 underlying)
    15,000
  • Options (rights to buy)

    Exercise: $26.14From: 2005-06-30Exp: 2015-06-30Common Stock (3,700 underlying)
    3,700
Footnotes (7)
  • [F1]Grant date, 50% vest and become exercisable on the first anniversary of the grant date and 25% on each grant date anniversary for the following two years.
  • [F2]Grant date, 15% vests every 6 months for the first 12 months, 6.25% vests every three months for the following 24 months and 5% vests every three months over the remaining 12 months.
  • [F3]Grant date, 25% vests after 6 months and 7.5% vests every three months over the remaining 10 quarters. The vesting of all unvested options will accelerate and become 100% vested on December 25, 2005 if the reporting person is an employee on that date.
  • [F4]Grant date, 100% vested on December 31, 2005.
  • [F5]Includes time-based and performance-based (now deemed earned) restricted shares awarded on April 27, 2007 and February 19, 2008. 5,314 shares vest on January 1, 2010, and 2,805 shares vest on January 1, 2011. This also includes 4,000 shares of restricted stock units granted on July 14, 2008. These shares 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.
  • [F6]Earned Date; These are Performance Shares granted on February 19, 2008 now deemed earned at fifty percent. 1,105 shares will vest on January 22, 2009 with the remaining two-thirds vesting in equal amounts on January 1, 2010 and January 1, 2011.
  • [F7]These are Market-Condition based Performance Shares granted on February 19, 2008 now deemed earned at fifty percent 1,105 shares will vest on January 22, 2009 with the remaining two-thirds vesting in equal amounts on January 1, 2010 and January 1, 2011.

Issuer

AVOCENT CORP

CIK 0001109808

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001109808

Filing Metadata

Form type
4
Filed
Jan 25, 7:00 PM ET
Accepted
Jan 26, 9:46 PM ET
Size
17.7 KB