4//SEC Filing
COMPUTER NETWORK TECHNOLOGY CORP 4
Accession 0001209191-05-029241
CIK 0000701319operating
Filed
May 31, 8:00 PM ET
Accepted
Jun 1, 12:35 PM ET
Size
18.0 KB
Accession
0001209191-05-029241
Insider Transaction Report
Form 4
WALSH EDWARD J
VP Marketing and Business Dev
Transactions
- Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2005-06-01−50,000→ 0 totalExercise: $6.00Exp: 2014-06-02→ Common Stock (50,000 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2005-06-01−939→ 0 totalExercise: $10.01Exp: 2011-04-25→ Common Stock (939 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2005-06-01−25,000→ 0 totalExercise: $10.40Exp: 2011-05-23→ Common Stock (25,000 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2005-06-01−150,000→ 0 totalExercise: $7.69Exp: 2012-05-07→ Common Stock (150,000 underlying) - Disposition to Issuer
Common Stock
2005-06-01−62,222→ 0 total - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2005-06-01−20,625→ 0 totalExercise: $8.78Exp: 2011-04-04→ Common Stock (20,625 underlying)
Footnotes (7)
- [F1]Includes award of 58,000 restricted stock units, all of which will vest upon completion of the merger.
- [F2]Disposed of pursuant to Agreement and Plan of Merger among Issuer, McData Corporation and Condor Acqusition, Inc. in exchange for 5,488 shares of McData Class A common stock and 75,400 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 April 5, 2001 was assumed by McData Corporation and replaced with an option to acquire 26,812 shares of McData Class A common stock for $6.75 per share, together with cash in lieu of fractional shares.
- [F4]This fully vested option granted on April 25, 2001 was assumed by McData Corporation and replaced with an option to acquire 1,220 shares of McData Class A common stock for $7.70 per share, together with cash in lieu of fractional shares.
- [F5]This fully vested option granted on May 24, 2001 was assumed by McData Corporation and replaced with an option to acquire 32,500 shares of McData Class A common stock for $8.00 per share.
- [F6]This partially vested option, which was granted on May 8, 2002 and provided for vesting of 37,500 options on May 8, 2006, was assumed by McData Corporation and replaced with an option to acquire 195,000 shares of McData Class A common stock for $5.91 per share.
- [F7]This option, which was granted on June 3, 2004 and provided for vesting in four equal annual installments beginning June 3, 2005, was assumed by McData Corporation and replaced with an option to acquire 65,000 shares of McData Class A common stock for $4.62 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, 12:35 PM ET
- Size
- 18.0 KB