4//SEC Filing
WEEKS DOYLE C 4
Accession 0001179110-09-010255
CIK 0001109808other
Filed
Jun 29, 8:00 PM ET
Accepted
Jun 30, 7:49 PM ET
Size
15.2 KB
Accession
0001179110-09-010255
Insider Transaction Report
Form 4
AVOCENT CORPAVCT
WEEKS DOYLE C
DirectorPresident, COO
Transactions
- Award
Common Stock
2009-06-26$14.21/sh+32,500$461,825→ 129,648 total - Award
Performance-share award with Market Conditions
2009-06-26+40,625→ 40,625 totalExercise: $0.00From: 2009-06-26Exp: 2019-06-26→ Common Stock (40,625 underlying)
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) - 40,000
Options (rights to buy)
Exercise: $40.98From: 2004-02-05Exp: 2014-02-05→ Common Stock (40,000 underlying) - 24,881
Performance-share Award with Market Conditions
Exercise: $14.97From: 2008-02-18Exp: 2018-02-19→ Common Stock (24,881 underlying) - 100,000
Options (rights to buy)
Exercise: $27.25From: 2003-03-07Exp: 2013-03-07→ Common Stock (100,000 underlying)
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 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 81,021 time-based and performance-based (now deemed earned). 31,320 shares vest in Quarter 1 of 2010, 24,868 shares vest in Quarter 1 of 2011, and 10,833 shares vest in Quarter 1 of 2012. This also includes 14,000 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.
- [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 three year period beginning January 1, 2009.
- [F6]These are time-based restricted shares granted on June 26, 2009. These shares vest equally over three years, one-third on February 8, 2010, one-third on February 8, 2011, and one-third on February 8, 2012.
- [F7]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 three year period beginning February 8, 2010.
Documents
Issuer
AVOCENT CORP
CIK 0001109808
Entity typeother
Related Parties
1- filerCIK 0001194675
Filing Metadata
- Form type
- 4
- Filed
- Jun 29, 8:00 PM ET
- Accepted
- Jun 30, 7:49 PM ET
- Size
- 15.2 KB