4//SEC Filing
AVOCENT CORP 4
Accession 0001179110-09-001581
CIK 0001109808operating
Filed
Jan 25, 7:00 PM ET
Accepted
Jan 26, 9:47 PM ET
Size
9.7 KB
Accession
0001179110-09-001581
Insider Transaction Report
Form 4
AVOCENT CORPAVCT
Kienast Kay E
EVP - Chief Marketing Officer
Transactions
- Disposition to Issuer
Common Stock
2009-01-22$14.97/sh−437$6,542→ 18,118 total - Exercise/Conversion
Performance-share Award with Market Conditions
2009-01-22−3,500→ 5,250 totalExercise: $14.97From: 2009-01-22Exp: 2018-02-19→ Common Stock (3,500 underlying) - Exercise/Conversion
Common Stock
2009-01-22$14.97/sh+3,500$52,395→ 18,555 total
Footnotes (4)
- [F1]Includes time-based and performance-based (now deemed earned) restricted shares awarded on June 6, 2008. 5,000 shares vest on January 1, 2010, and 4,999 shares vest on January 1, 2011. This also includes 5,000 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.
- [F2]Earned Date; These are Performance Shares granted on February 19, 2008 now deemed earned at fifty percent. 1,167 shares will vest on January 22, 2009 with the remaining two-thirds vesting in equal amounts on January 1, 2010 and January 1, 2011.
- [F3]These are Market-Condition based Performance Shares granted on February 19, 2008 now deemed earned at fifty percent. 1,167 shares will vest on January 22, 2009 with the remaining two-thirds vesting in equal amounts on January 1, 2010 and January 1, 2011.
- [F4]437 shares were withheld as payment for taxes at the release of restricted shares on January 22, 2009.
Documents
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
- 9.7 KB