4//SEC Filing
ADVANCED FIBRE COMMUNICATIONS INC 4
Accession 0001231886-04-000060
CIK 0000898805operating
Filed
Jul 12, 8:00 PM ET
Accepted
Jul 13, 5:16 PM ET
Size
17.5 KB
Accession
0001231886-04-000060
Insider Transaction Report
Form 4
RASDAL WILLIAM D
Director
Transactions
- Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2004-07-12−12,000→ 0 totalExercise: $9.56Exp: 2009-05-25→ Common Stock (12,000 underlying) - Exercise/Conversion
Common Stock
2004-07-12$0.75/sh+30,000$22,500→ 30,000 total - Exercise/Conversion
Common Stock
2004-07-12$9.56/sh+12,000$114,750→ 42,000 total - Gift
Common Stock
2004-07-12−42,000→ 0 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2004-07-12−30,000→ 0 totalExercise: $0.75Exp: 2006-05-14→ Common Stock (30,000 underlying)
Footnotes (4)
- [F1]Transfer to the Rasdal Family Trust, William D. Rasdal or Marilyn K. Rasdal, Co-Trustees, dated July 6, 1983, of which the reporting person is the Trustee and the Beneficiary.
- [F2]Held by the Rasdal Family Trust, William D. Rasdal or Marilyn K. Rasdal, Co-Trustees, dated July 6, 1983, of which the reporting person is the Trustee and the Beneficiary.
- [F3]This option is exercisable with respect to 20% of the option shares on the first anniversary of the grant date, and shall become exercisable for the balance of the option shares in forty-eight (48) successive equal monthly installments upon completion of each additional month of service measured from the first anniversary of the grant date.
- [F4]This option is immediately exercisable, however subject to a right of repurchase by the Company, at the exercise price paid per share upon the Optionee's cessation of Board service prior to vesting in those shares. The option vests 1/3 upon the reporting persons completion of one year of Board Service measured from the option grant date & the balance of the shares shall vest in a series of 24 monthly installments upon completion of each additional month of Board service.
Issuer
ADVANCED FIBRE COMMUNICATIONS INC
CIK 0000898805
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000898805
Filing Metadata
- Form type
- 4
- Filed
- Jul 12, 8:00 PM ET
- Accepted
- Jul 13, 5:16 PM ET
- Size
- 17.5 KB