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4//SEC Filing

VERILINK CORP 4

Accession 0001188667-03-000062

CIK 0000774937operating
View on SEC.govCompany Profile

Filed

Oct 29, 7:00 PM ET

Accepted

Oct 30, 5:07 PM ET

Size

22.3 KB

Accession

0001188667-03-000062

Insider Transaction Report

Form 4
Period: 2003-10-29
VERILINK CORPVRLK
WESTBROOK S TODD
Executive Vice President
Transactions
  • Sale

    Common Stock

    2003-10-28$5.70/sh−4,000$22,813→ 0 total
  • Sale

    Common Stock

    2003-10-29$5.57/sh−9,000$50,087→ 0 total
  • Exercise/Conversion

    Common Stock

    2003-10-28$0.23/sh+4,000$920→ 4,000 total
  • Exercise/Conversion

    Non-Qualified Stock Option (right to buy)

    2003-10-29$5.57/sh−9,000$50,087→ 35,000 total
    Exercise: $0.23From: 2003-10-29Exp: 2012-06-26→ Common Stock (9,000 underlying)
  • Exercise/Conversion

    Non-Qualified Stock Option (right to buy)

    2003-10-28$5.70/sh−4,000$22,813→ 46,000 total
    Exercise: $0.23From: 2003-10-28Exp: 2012-06-26→ Common Stock (4,000 underlying)
  • Sale

    Common Stock

    2003-10-28$5.61/sh−2,000$11,220→ 0 total
  • Exercise/Conversion

    Non-Qualified Stock Option (right to buy)

    2003-10-28$5.61/sh−2,000$11,220→ 44,000 total
    Exercise: $0.23From: 2003-10-28Exp: 2012-06-26→ Common Stock (2,000 underlying)
  • Exercise/Conversion

    Common Stock

    2003-10-28$0.23/sh+2,000$460→ 2,000 total
  • Exercise/Conversion

    Common Stock

    2003-10-29$0.23/sh+9,000$2,070→ 9,000 total
Holdings

  • Non-Qualified Stock Option (right to buy)

    Exercise: $2.38From: 2000-12-07Exp: 2010-12-07→ Common Stock (100,000 underlying)
    100,000

  • Non-Qualified Stock Option (right to buy)

    Exercise: $3.72Exp: 2013-08-25→ Common Stock (25,000 underlying)
    25,000
Footnotes (3)
  • [F1]Shares are immediately exercisable; however, they are subject to repurchase pursuant to the follwoing vesting schedule: 25% of the shares granted vested on 2/22/01 with an an additional 25% vesting each year thereafter until all shares are 100% vested on 02/22/04.
  • [F2]Option vests at the rate of 1/12th of the total shares granted per month beginning in the thirty-seventh month until the option is fully vested in four years.
  • [F3]Shares are immediately exercisable; however, they are subject to repurchase pursuant to the following vesting schedule: 25% of the shares granted vest annually on the anniversary date of grant until the option is fully vested.

Documents

1 file

Issuer

VERILINK CORP

CIK 0000774937

→
Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000774937

Filing Metadata

Form type
4
Filed
Oct 29, 7:00 PM ET
Accepted
Oct 30, 5:07 PM ET
Size
22.3 KB
View on SEC.gov