Kolb Bradley 4
4 · AVANEX CORP · Filed Jul 11, 2006
Insider Transaction Report
Form 4
AVANEX CORPAVNX
Kolb Bradley
Senior VP, Operations
Transactions
- Exercise/Conversion
Restricted Stock Units
2006-06-30−25,000→ 150,000 totalExercise: $0.00From: 2006-03-31→ Common Stock (25,000 underlying) - Exercise/Conversion
Common Stock
2006-06-30$0.00/sh+25,000$25→ 39,316 total
Footnotes (2)
- [F1]On June 30, 2006 Reporting Person vested as to 25,000 shares; the Reporting Person is responsible for fulfilling his own tax obligation.
- [F2]12.5% of the Restricted Stock Units awarded shall vest on March 31, 2006 and 12.5% of the Restricted Stock Units awarded shall vest each quarter therafter, such that 100% of the Restricted Stock Units will be fully vested on December 31, 2007, subject to the Reporting Person continuing to be a Service Provider through such dates.