KLITTEN MARTIN R 4
4 · ADVANCED FIBRE COMMUNICATIONS INC · Filed Dec 2, 2004
Insider Transaction Report
Form 4
KLITTEN MARTIN R
Director
Transactions
- Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2004-11-30−12,000→ 0 totalExercise: $18.87Exp: 2012-05-29→ Common Stock (12,000 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2004-11-30−40,000→ 0 totalExercise: $16.51Exp: 2011-10-05→ Common Stock (40,000 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2004-11-30−15,000→ 0 totalExercise: $18.31Exp: 2013-05-22→ Common Stock (15,000 underlying)
Footnotes (1)
- [F1]This option was assumed by Tellabs, Inc. in the merger between the Issuer and Tellabs, Inc. on November 30, 2004 and became an option to purchase the number of shares of Tellabs, Inc. Common Stock which is equal to the number of shares of the Issuer underlying the option as specified in Table II, column 5, multiplied by the option exchange ratio of 1.91 and rounded down to the nearest whole share. The per share exercise price for the option is now equal to the exercise price listed in Table II, column 2, divided by the option exchange ratio of 1.91 and rounded up to the nearest whole cent. The option otherwise remains exercisable under the same terms and conditions that applied immediately prior to the closing of the merger.