AVANEX CORP 4
4 · AVANEX CORP · Filed Oct 2, 2007
Insider Transaction Report
Form 4
AVANEX CORPAVNX
MAJOR JO S
DirectorPresident and CEO
Transactions
- Sale
Common Stock
2007-10-01$1.62/sh−34,240$55,469→ 10,729,948 total
Footnotes (5)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2006.
- [F2]Includes 112,500 unvested Restricted Stock Units granted on December 20, 2005 that are vesting according to the following schedule: approximately 4,166 of the Restricted Stock Units shall vest each month hereafter, 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.
- [F3]Includes 76,087 unvested Restricted Stock Units granted on February 1, 2006 that are vesting according to the following schedule: approximately 76,087 of the Restricted Stock Units shall vest each quarter hereafter, such that 100% of the Restricted Units will be fully vested on December 31, 2007, subject to the Reporting Person continuing to be a Service Provider through such date.
- [F4]Includes 200,000 unvested Restricted Stock Units granted on October 9, 2006 that will vest according to the following schedule: 25% of the Restricted Stock Units awarded shall vest on October 9, 2007, and 1/48 of the Restricted Stock Units awarded shall vest each month thereafter, such that 100% of the Restricted Stock Units will fully vest on October 9, 2010, subject to the Reporting Person continuing to be a Service Provider through such date.
- [F5]Includes 25,756 unvested 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, 2011, subject to the Reporting Person continuing to be a Service Provider through such date.