4//SEC Filing
COMPUTER NETWORK TECHNOLOGY CORP 4
Accession 0001209191-05-029239
CIK 0000701319operating
Filed
May 31, 8:00 PM ET
Accepted
Jun 1, 12:33 PM ET
Size
27.8 KB
Accession
0001209191-05-029239
Insider Transaction Report
Form 4
BERTELSEN JEFFREY A
VP Finance and Treasurer
Transactions
- Disposition to Issuer
Incentive Stock Option (right to buy)
2005-06-01−3,500→ 0 totalExercise: $14.06Exp: 2009-04-19→ Common Stock (3,500 underlying) - Disposition to Issuer
Incentive Stock Option (right to buy)
2005-06-01−15,000→ 0 totalExercise: $4.53Exp: 2012-10-06→ Common Stock (15,000 underlying) - Disposition to Issuer
Incentive Stock Option (right to buy)
2005-06-01−10,000→ 0 totalExercise: $11.35Exp: 2012-02-24→ Common Stock (10,000 underlying) - Disposition to Issuer
Common Stock
2005-06-01−17,666→ 0 total - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2005-06-01−9,000→ 0 totalExercise: $8.78Exp: 2011-04-04→ Common Stock (9,000 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2005-06-01−10,000→ 0 totalExercise: $17.75Exp: 2010-02-10→ Common Stock (10,000 underlying) - Disposition to Issuer
Incentive Stock Option (right to buy)
2005-06-01−625→ 0 totalExercise: $4.94Exp: 2008-06-16→ Common Stock (625 underlying) - Disposition to Issuer
Incentive Stock Option (right to buy)
2005-06-01−1,250→ 0 totalExercise: $3.63Exp: 2007-12-16→ Common Stock (1,250 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2005-06-01−813→ 0 totalExercise: $10.01Exp: 2011-04-25→ Common Stock (813 underlying)
Footnotes (11)
- [F1]Includes award of 16,000 restricted stock units, all of which will vest upon completion of the merger.
- [F10]This partially vested option, which was granted on October 7, 2002 and provided for vesting of 3,750 options on each of October 7, 2005 and October 7, 2006, respectively, was assumed by McData Corporation and replaced with an option to acquire 19,500 shares of McData Class A common stock for $3.48 per share.
- [F11]This partially vested option, which was granted on March 5, 2003 and provided for vesting of 3,750 options on each of March 5, 2006 and March 5, 2007, respectively, was assumed by McData Corporation and replaced with an option to acquire 19,500 shares of McData Class A common stock for $5.05 per share.
- [F2]Disposed of pursuant to Agreement and Plan of Merger among Issuer, McData Corporation and Condor Acqusition, Inc. in exchange for 2,165 shares of McData Class A common stock and 20,800 restricted stock units for McData Class A common stock, respectively, having a market value of $3.76 per share on the effective date of the merger, together with cash in lieu of fractional shares.
- [F3]This fully vested option granted on December 17, 1997 was assumed by McData Corporation and replaced with an option to acquire 1625 shares of McData Class A common stock for $2.79 per share.
- [F4]This fully vested option granted on June 17, 1998 was assumed by McData Corporation and replaced with an option to acquire 812 shares of McData Class A common stock for $3.80 per share, together with cash in lieu of fractional shares.
- [F5]This fully vested option granted on April 20, 1999 was assumed by McData Corporation and replaced with an option to acquire 4,550 shares of McData Class A common stock for $10.82 per share.
- [F6]This fully vested option granted on February 11, 2000 was assumed by McData Corporation and replaced with an option to acquire 13,000 shares of McData Class A common stock for $13.65 per share.
- [F7]This fully vested option granted on April 5, 2001 was assumed by McData Corporation and replaced with an option to acquire 11,700 shares of McData Class A common stock for $6.75 per share.
- [F8]This fully vested option granted on April 26, 2001 was assumed by McData Corporation and replaced with an option to acquire 1,056 shares of McData Class A common stock for $7.70 per share, together with cash in lieu of fractional shares.
- [F9]This partially vested option, which was granted on February 25, 2002 and provided for vesting of 2,500 options on February 25, 2006, was assumed by McData Corporation and replaced with an option to acquire 13,000 shares of McData Class A common stock for $8.73 per share.
Documents
Issuer
COMPUTER NETWORK TECHNOLOGY CORP
CIK 0000701319
Entity typeoperating
IncorporatedMN
Related Parties
1- filerCIK 0000701319
Filing Metadata
- Form type
- 4
- Filed
- May 31, 8:00 PM ET
- Accepted
- Jun 1, 12:33 PM ET
- Size
- 27.8 KB