4//SEC Filing
COMPUTER NETWORK TECHNOLOGY CORP 4
Accession 0001209191-05-029243
CIK 0000701319operating
Filed
May 31, 8:00 PM ET
Accepted
Jun 1, 12:36 PM ET
Size
24.8 KB
Accession
0001209191-05-029243
Insider Transaction Report
Form 4
GROSS PATRICK W
Director
Transactions
- Disposition to Issuer
Common Stock
2005-06-01−8,000→ 0 total - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2005-06-01−20,000→ 0 totalExercise: $5.00Exp: 2008-05-17→ Common Stock (20,000 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2005-06-01−47,500→ 0 totalExercise: $3.88Exp: 2007-07-21→ Common Stock (47,500 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2005-06-01−18,334→ 0 totalExercise: $3.88Exp: 2007-07-21→ Common Stock (18,334 underlying)
Footnotes (10)
- [F1]Consists of 8,000 deferred stock units, all of which are vested.
- [F10]This fully vested option granted on June 25, 2003 was assumed by McData Corporation and replaced with an option to acquire 26,000 shares of McData Class A common stock for $5.51 per share.
- [F2]Disposed of pursuant to Agreement and Plan of Merger among Issuer, McData Corporation and Condor Acqusition, Inc. in exchange for 10,400 deferred stock units for McData Class A common stock having a market value of $3.76 per share on the effective date of the merger.
- [F3]This fully vested option granted on July 22, 1997 was assumed by McData Corporation and replaced with an option to acquire 61,750 shares of McData Class A common stock for $2.98 per share.
- [F4]This fully vested option granted on July 22, 1997 was assumed by McData Corporation and replaced with an option to acquire 23,834 shares of McData Class A common stock for $2.98 per share, together with cash in lieu of fractional shares.
- [F5]This fully vested option granted on May 18, 1998 was assumed by McData Corporation and replaced with an option to acquire 26,000 shares of McData Class A common stock for $3.85 per share.
- [F6]This fully vested option granted on May 13, 1999 was assumed by McData Corporation and replaced with an option to acquire 26,000 shares of McData Class A common stock for $16.83 per share.
- [F7]This fully vested option granted on May 25, 2000 was assumed by McData Corporation and replaced with an option to acquire 26,000 shares of McData Class A common stock for $10.67 per share.
- [F8]This fully vested option granted on June 28, 2001 was assumed by McData Corporation and replaced with an option to acquire 26,000 shares of McData Class A common stock for $6.84 per share.
- [F9]This fully vested option granted on June 25, 2002 was assumed by McData Corporation and replaced with an option to acquire 26,000 shares of McData Class A common stock for $4.69 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, 12:36 PM ET
- Size
- 24.8 KB