Home/Filings/4/0001179110-09-001580
4//SEC Filing

AVOCENT CORP 4

Accession 0001179110-09-001580

CIK 0001109808operating

Filed

Jan 25, 7:00 PM ET

Accepted

Jan 26, 9:47 PM ET

Size

17.9 KB

Accession

0001179110-09-001580

Insider Transaction Report

Form 4
Period: 2009-01-22
Mulligan Eugene F
Senior VP, Operations
Transactions
  • Exercise/Conversion

    Common Stock

    2009-01-22$14.97/sh+4,875$72,97934,577 total
  • Disposition to Issuer

    Common Stock

    2009-01-22$14.97/sh512$7,66534,065 total
  • Exercise/Conversion

    Performance-share Award with Market Conditions

    2009-01-224,8757,312 total
    Exercise: $14.97From: 2009-01-22Exp: 2018-02-19Common Stock (4,875 underlying)
Holdings
  • Options (rights to buy)

    Exercise: $14.55From: 2001-09-25Exp: 2011-09-25Common stock (782 underlying)
    782
  • Options (rights to buy)

    Exercise: $28.96From: 2004-08-19Exp: 2014-08-19Common stock (5,000 underlying)
    5,000
  • Options (rights to buy)

    Exercise: $26.14From: 2005-06-30Exp: 2015-06-30Common stock (3,700 underlying)
    3,700
  • Options (rights to buy)

    Exercise: $40.98From: 2004-02-05Exp: 2014-02-05Common stock (10,000 underlying)
    10,000
  • Options (rights to buy)

    Exercise: $52.44From: 2000-09-18Exp: 2010-09-18Common stock (200 underlying)
    200
  • Options (rights to buy)

    Exercise: $27.25From: 2003-03-07Exp: 2013-03-07Common stock (4,500 underlying)
    4,500
Footnotes (8)
  • [F1]Grant date, 2 year vesting, 50% on vests annually on grant date anniversary.
  • [F2]Grant date, 4 year vesting, 25% on first anniversary of grant date, then 6.25% vests quarterly over the remaining 12 quarters.
  • [F3]Grant date, 3 year vesting, 25% vests 6 months from grant date, then 7.5% vests quarterly over the remaining 10 quarters. Vesting of unvested options accelerated and became 100% vested on December 25, 2005.
  • [F4]Grant date, 100% vests 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. 6,992 shares vest on January 1, 2010, and 4,125 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. 1,625 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. 1,625 shares will vest on January 22, 2009 with the remaining two-thirds vesting in equal amounts on January 1, 2010 and January 1, 2011.
  • [F8]512 shares were withheld as payment for taxes at the release of restricted shares on January 22, 2009.

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, 9:47 PM ET
Size
17.9 KB