BELANGER SEAN E 4
4 · PARADYNE NETWORKS INC · Filed Dec 1, 2003
Insider Transaction Report
Form 4
BELANGER SEAN E
DirectorPresident & CEO
Transactions
- Sale
Common Stock
2003-11-26$4.63/sh−125,000$578,750→ 4,777 total - Exercise/Conversion
Common Stock
2003-11-26$1.63/sh+125,000$203,125→ 129,777 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2003-11-26−125,000→ 1,072,500 totalExercise: $1.63From: 2001-01-08Exp: 2010-12-07→ Common Stock (125,000 underlying)
Footnotes (1)
- [F1]The options vest in equal monthly installments beginning on 1/8/01 for a period of 36 months.