AVANEX CORP 4
4 · AVANEX CORP · Filed Mar 22, 2007
Insider Transaction Report
Form 4
AVANEX CORPAVNX
MAJOR JO S
DirectorPresident and CEO
Transactions
- Award
Common Stock
2007-03-21+25,756→ 446,134 total - Exercise/Conversion
Restricted Stock Units
2007-03-20−4,166→ 137,502 totalExercise: $0.00From: 2006-12-20→ Common Stock (4,166 underlying) - Exercise/Conversion
Common Stock
2007-03-20$0.00/sh+4,166$4→ 420,378 total
Footnotes (2)
- [F1]Includes 25,756 shares of Restricted Stock Units that will vest according to the following schedule: 25% of the Restricted Stock Units awarded shall vest on February 15, 2008, and 1/48 of the Restricted Stock Units awarded shall vest each month thereafter, such that 100% of the Restricted Stock Units will be fully vested on February 15, 2012, subject to the Reporting Person continuing to be a Service Provider through such date.
- [F2]25% of the Restricted Stock Units awarded shall vest on December 20, 2006, and 1/48 of the Restricted Stock Units awarded shall vest each month thereafter, such that 100% of the Restricted Stock Units will be fully vested on December 20, 2009, subject to the Reporting Person continuing to be a Service Provider through such date.