ADC TELECOMMUNICATIONS INC 4
4 · ADC TELECOMMUNICATIONS INC · Filed Dec 17, 2004
Insider Transaction Report
Form 4
ANDERSON JOANNE M
VP; PRES, PROFESSIONAL SERV.
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2004-12-16+90,700→ 90,700 totalExercise: $2.68Exp: 2014-12-16→ Common Stock (90,700 underlying) - Award
Restricted Stock Unit (12-04)
2004-12-16+29,800→ 29,800 total→ Common Stock (29,800 underlying)
Footnotes (3)
- [F1]Grant date 12/16/04; options will vest one-quarter per year beginning December 16, 2005.
- [F2]The reporting person also indirectly owns 3,348 phantom stock units which were accrued under the registrant's 401(k) Excess Plan and are to be settled in cash upon reporting person's retirement; conversion rate = One-for-One. The information herein is based on a statement dated as of 9/30/04.
- [F3]The Phantom Stock Units were issued under the ADC Telecommunications, Inc. Global Stock Incentive Plan (the "Plan"). The units are subject to forfeiture and will vest one-quarter per year beginning December 16, 2005. The units of phantom stock will be settled, one-for-one, in shares of common stock upon vesting.