AVANEX CORP 4
4 · AVANEX CORP · Filed Jun 23, 2008
Insider Transaction Report
Form 4
AVANEX CORPAVNX
MAJOR JO S
DirectorPresident and CEO
Transactions
- Sale
Common Stock
2008-06-20$1.09/sh−11,980$13,058→ 1,145,721 total
Footnotes (5)
- [F1]The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 7, 2007.
- [F2]Includes 75,000 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 116,667 unvested Restricted Stock Units granted on October 9, 2006 that are vesting according to the following schedule: approximately 4,167 of the Restricted Stock Units shall vest each month hereafter, 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.
- [F4]Includes 17,171 unvested Restricted Stock Units granted on March 21, 2007 that are vesting according to the following schedule: approximately 536 of the Restricted Stock Units shall vest each month hereafter, 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.
- [F5]Includes 160,000 unvested Restricted Stock Units granted on October 21, 2007 that will vest according to the following schedule: 25% of the Restricted Stock Units awarded shall vest on each anniversary of October 21, 2007, such that 100% of the Restricted Stock Units will be fully vested on October 21, 2011, subject to the Reporting Person continuing to be a Service Provider through such date.