AVANEX CORP 4
4 · AVANEX CORP · Filed Jul 11, 2006
Insider Transaction Report
Form 4
AVANEX CORPAVNX
HOAGLAND CAL R
Senior VP and CFO
Transactions
- Exercise/Conversion
Restricted Stock Units
2006-06-30−31,250→ 218,750 totalExercise: $0.00From: 2006-06-30→ Common Stock (31,250 underlying) - Exercise/Conversion
Common Stock
2006-06-30$0.00/sh+31,250$31→ 31,250 total
Footnotes (2)
- [F1]On June 30, 2006 Reporting Person vested as to 31,250 shares; the Reporting Person is responsible for fulfilling his tax obligation.
- [F2]12.5% of the Restricted Stock Units awarded will vest on June 30, 2006 and 12.5% of the Restricted Stock Units awarded shall vest each quarter thereafter, such that 100% of the Restricted Stock Units will be fully vested on March 31, 2008, subject to the Reporting Person continuing to be a Service Provider through such dates.