Home/Filings/4/0001209191-05-029245
4//SEC Filing

COMPUTER NETWORK TECHNOLOGY CORP 4

Accession 0001209191-05-029245

CIK 0000701319operating

Filed

May 31, 8:00 PM ET

Accepted

Jun 1, 12:37 PM ET

Size

29.7 KB

Accession

0001209191-05-029245

Insider Transaction Report

Form 4
Period: 2005-06-01
Transactions
  • Disposition to Issuer

    Non-Qualified Stock Option (right to buy)

    2005-06-0166,6670 total
    Exercise: $6.13Exp: 2005-12-11Common Stock (66,667 underlying)
  • Disposition to Issuer

    Non-Qualified Stock Option (right to buy)

    2005-06-0150,0000 total
    Exercise: $8.77Exp: 2012-05-02Common Stock (50,000 underlying)
  • Disposition to Issuer

    Common Stock

    2005-06-01260,9100 total
  • Disposition to Issuer

    Non-Qualified Stock Option (right to buy)

    2005-06-0120,0000 total
    Exercise: $6.88Exp: 2006-05-16Common Stock (20,000 underlying)
Footnotes (12)
  • [F1]Includes award of 8,000 deferred stock units, all of which are vested.
  • [F10]This fully vested option granted on May 3, 2002 was assumed by McData Corporation and replaced with an option to acquire 65,000 shares of McData Class A common stock for $6.75 per share.
  • [F11]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.
  • [F12]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 328,783 shares of McData Class A common stock and 10,400 deferred 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.
  • [F3]This fully vested option granted on December 12, 1995 was assumed by McData Corporation and replaced with an option to acquire 86,667 shares of McData Class A common stock for $4.71 per share, together with cash in lieu of fractional shares.
  • [F4]This fully vested option granted on May 17, 1996 was assumed by McData Corporation and replaced with an option to acquire 26,000 shares of McData Class A common stock for $5.29 per share.
  • [F5]This fully vested option granted on May 15, 1997 was assumed by McData Corporation and replaced with an option to acquire 26,000 shares of McData Class A common stock for $4.04 per share.
  • [F6]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.
  • [F7]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.
  • [F8]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.
  • [F9]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.

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, 12:37 PM ET
Size
29.7 KB