GREENE JAMES H JR 4

4 · ZHONE TECHNOLOGIES INC · Filed Nov 19, 2008

Form 4

Period: 2008-11-17

Director

Transactions

Disposition to Issuer
Director Stock Option (right to buy)
2008-11-17−1,175→ 0 total
Exercise: $2.12Exp: 2010-02-08→ Common Stock (1,175 underlying)
Award
Director Stock Option (right to buy)
2008-11-17+111,175→ 111,175 total
Exercise: $0.10Exp: 2015-11-17→ Common Stock (111,175 underlying)
Disposition to Issuer
Director Stock Option (right to buy)
2008-11-17−30,000→ 0 total
Exercise: $3.24Exp: 2014-05-19→ Common Stock (30,000 underlying)
Disposition to Issuer
Director Stock Option (right to buy)
2008-11-17−50,000→ 0 total
Exercise: $2.10Exp: 2016-05-17→ Common Stock (50,000 underlying)

Footnotes (6)

[F1]The canceled option provided for vesting in 48 equal monthly installments beginning on March 8, 2000.
[F2]The options reported as "disposed of" in this Form 4 were tendered for cancellation and exchange for a new option representing the aggregate (reported as "acquired" in this Form 4) pursuant to the Issuer's exchange offer that expired on November 17, 2008.
[F3]The canceled option provided for vesting in 48 equal monthly installments beginning on June 19, 2004.
[F4]The canceled option provided for vesting in 48 equal monthly installments beginning on June 12, 2005.
[F5]The canceled option provided for vesting in 48 equal monthly installments beginning on June 17, 2006.
[F6]The option will vest in 48 equal monthly installments beginning on December 17, 2008.

Documents

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