4//SEC Filing
WESTBROOK S TODD 4
Accession 0001188667-05-000003
CIK 0000774937other
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 6:00 PM ET
Size
15.7 KB
Accession
0001188667-05-000003
Insider Transaction Report
Form 4
VERILINK CORPVRLK
WESTBROOK S TODD
Executive Vice President
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2004-10-11+50,000→ 50,000 totalExercise: $1.15From: 2004-10-11Exp: 2014-10-11→ Common Stock (50,000 underlying)
Holdings
- 10,000
Non-Qualified Stock Option (right to buy)
Exercise: $1.15From: 2004-10-11Exp: 2009-10-11→ Common Stock (10,000 underlying) - 50,000
Non-Qualified Stock Option (right to buy)
Exercise: $3.02From: 2004-08-26Exp: 2014-08-26→ Common Stock (50,000 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: $2.38From: 2000-12-07Exp: 2010-12-07→ Common Stock (25,000 underlying) - 29,167
Non-Qualified Stock Option (right to buy)
Exercise: $0.23From: 2002-06-26Exp: 2012-06-26→ Common Stock (29,167 underlying)
Footnotes (5)
- [F1]Shares are immediately exercisable; however, shares purchased prior to vesting are subject to repurchase pursuant to the following vesting schedule: 25% of the shares granted vest on the first anniversary of the date of grant and the remaining shares vest monthly at 1/48th of the total grant until the option is fully vested at the end of the fourth year.
- [F2]Shares are immediately exercisable; however, shares purchased prior to vesting are subject to repurchase pursuant to the following vesting schedule: shares vest 1/12th per month and will be fully vested on the first anniversary.
- [F3]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.
- [F4]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.
- [F5]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 typeother
Related Parties
1- filerCIK 0001188684
Filing Metadata
- Form type
- 4
- Filed
- Feb 21, 7:00 PM ET
- Accepted
- Feb 22, 6:00 PM ET
- Size
- 15.7 KB