4//SEC Filing
COMPUTER NETWORK TECHNOLOGY CORP 4
Accession 0001209191-05-029246
CIK 0000701319operating
Filed
May 31, 8:00 PM ET
Accepted
Jun 1, 12:37 PM ET
Size
15.2 KB
Accession
0001209191-05-029246
Insider Transaction Report
Form 4
MCLERNON LAWRENCE A
Director
Transactions
- Disposition to Issuer
Common Stock
2005-06-01−12,000→ 0 total - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2005-06-01−50,000→ 0 totalExercise: $9.80Exp: 2011-09-03→ Common Stock (50,000 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2005-06-01−20,000→ 0 totalExercise: $6.10Exp: 2012-06-24→ Common Stock (20,000 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2005-06-01−16,667→ 0 totalExercise: $9.80Exp: 2011-09-03→ Common Stock (16,667 underlying)
Footnotes (6)
- [F1]Includes 8,000 deferred stock units, all of which are vested.
- [F2]Disposed of pursuant to Agreement and Plan of Merger among Issuer, McData Corporation and Condor Acqusition, Inc. in exchange for 5,200 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 September 4, 2001 was assumed by McData Corporation and replaced with an option to acquire 65,000 shares of McData Class A common stock for $7.54 per share.
- [F4]This fully vested option granted on September 4, 2001 was assumed by McData Corporation and replaced with an option to acquire 21,667 shares of McData Class A common stock for $7.54 per share, together with cash in lieu of fractional shares.
- [F5]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.
- [F6]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.
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, 12:37 PM ET
- Size
- 15.2 KB