4//SEC Filing
VERILINK CORP 4
Accession 0001188667-03-000066
CIK 0000774937operating
Filed
Nov 5, 7:00 PM ET
Accepted
Nov 6, 6:49 PM ET
Size
17.9 KB
Accession
0001188667-03-000066
Insider Transaction Report
Form 4
VERILINK CORPVRLK
WESTBROOK S TODD
Executive Vice President
Transactions
- Sale
Common Stock
2003-11-05$6.73/sh−25,000$168,353→ 0 total - Sale
Common Stock
2003-11-06$6.60/sh−50,000$330,025→ 0 total - Exercise/Conversion
Common Stock
2003-11-05$2.38/sh+25,000$59,375→ 25,000 total - Exercise/Conversion
Common Stock
2003-11-06$2.38/sh+50,000$118,750→ 50,000 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2003-11-05$6.73/sh−25,000$168,353→ 75,000 totalExercise: $2.38From: 2000-12-07Exp: 2010-12-07→ Common Stock (25,000 underlying) - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2003-11-06$6.60/sh−50,000$330,025→ 25,000 totalExercise: $2.38From: 2000-12-07Exp: 2010-12-07→ Common Stock (50,000 underlying)
Holdings
- 35,000
Non-Qualified Stock Option (right to buy)
Exercise: $0.23From: 2002-06-26Exp: 2012-06-26→ Common Stock (35,000 underlying) - 100,000
Non-Qualified Stock Option (right to buy)
Exercise: $11.63From: 2000-02-22Exp: 2010-02-22→ Common Stock (100,000 underlying) - 25,000
Non-Qualified Stock Option (right to buy)
Exercise: $3.72Exp: 2013-08-25→ Common Stock (25,000 underlying)
Footnotes (4)
- [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]Shares are immediately exercisable; however, they are subject to repurchase pursuant to the following vesting schedule: 1/48th of the shares granted vest monthly until the option is fully vested in four years.
- [F3]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.
- [F4]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
Issuer
VERILINK CORP
CIK 0000774937
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000774937
Filing Metadata
- Form type
- 4
- Filed
- Nov 5, 7:00 PM ET
- Accepted
- Nov 6, 6:49 PM ET
- Size
- 17.9 KB