4//SEC Filing
ADC TELECOMMUNICATIONS INC 4
Accession 0001243786-05-000046
CIK 0000061478operating
Filed
Jun 28, 8:00 PM ET
Accepted
Jun 29, 1:36 PM ET
Size
18.2 KB
Accession
0001243786-05-000046
Insider Transaction Report
Form 4
PRATT MICHAEL
PRESIDENT WIRELINE
Transactions
- Tax Payment
Common Stock
2005-06-28$21.35/sh−1,158$24,723→ 19,419 total
Holdings
- 2,375
Phantom Stock Unit
→ Common Stock (2,375 underlying) - 7,125
Incentive Stock Option (right to buy)
Exercise: $20.44Exp: 2014-03-03→ Common Stock (7,125 underlying) - 4,328
Restricted Stock Unit (12-04)
→ Common Stock (4,328 underlying) - 18,963
Incentive Stock Option (right to buy)
Exercise: $15.82From: 1988-08-08Exp: 2012-11-27→ Common Stock (18,963 underlying) - 8,416
Incentive Stock Option (right to buy)
Exercise: $18.76Exp: 2014-12-16→ Common Stock (8,416 underlying) - 2,375
Non-Qualified Stock Option (right to buy)
Exercise: $20.44Exp: 2014-03-03→ Common Stock (2,375 underlying) - 4,540
Non-Qualified Stock Option (right to buy)
Exercise: $18.76Exp: 2014-12-16→ Common Stock (4,540 underlying) - 9,608
Non-Qualified Stock Option (right to buy)
Exercise: $15.82From: 1988-08-08Exp: 2012-11-27→ Common Stock (9,608 underlying)
Footnotes (6)
- [F1]On May 10, 2005, the Common stock of ADC Telecommunications, Inc. reverse split 1-for-7. The reporting person's beneficial holdings had previously been reported as 144,044 shares, but was adjusted to reflect the reverse stock split. The reporting person also indirectly beneficially owns 4,471 shares through the Global Employee Stock Purchase Plan. The reporting persons holdings through the Global Employee Stock Purchase Plan had previously been reported as 20,636 shares, but was adjusted to reflect the reverse stock split on May 10, 2005. The information herein is based on a plan statement dated as of 3/31/05.
- [F2]Grant date 11/27/02; options were granted in the same transaction and have been split into an incentive stock option and a non-qualified option for tax purposes. In the aggregate, options will vest one-third on the first anniversary of the grant date and one-eighth of the remaining options will vest each quarter thereafter. These options were previously reported as covering a total of 200,000 shares at an exercise price of $2.26 per share, but have been adjusted to reflect the stock split on May 10, 2005.
- [F3]Grant date 12/16/04; options were granted in the same transaction and have been split into an incentive stock option and a non-qualified option for tax purposes. In the aggregate, options will vest one-third on the first anniversary of the grant date and one-eighth of the remaining options will vest each quarter thereafter. These options were previously reported as covering a total of 90,700 shares at an exercise price of $2.68 per share, but have been adjusted to reflect the stock split on May 10, 2005.
- [F4]Grant date 3/3/04; options were granted in the same transaction and have been split into an incentive stock option and a non-qualified option for tax purposes. In the aggregate, options will vest one-third on the first anniversary of the grant date and one-eighth of the remaining options will vest each quarter thereafter. These options were previously reported as covering a total of 66,500 shares at an exercise price of $2.92 per share, but have been adjusted to reflect the stock split on May 10, 2005.
- [F5]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-third per year beginning March 3, 2006. The units of phantom stock will be settled, one-for-one, in shares of common stock upon vesting. This grant was previouly reported as covering 22,167 shares, with a balance of 16,262 as of 3/3/05 remaining subject to forfeiture, but was adjusted to reflect the reverse stock split on May 10, 2005.
- [F6]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. This grant was previouly reported as covering 30,300 shares, but was adjusted to reflect the reverse stock split on May 10, 2005.
Documents
Issuer
ADC TELECOMMUNICATIONS INC
CIK 0000061478
Entity typeoperating
IncorporatedMN
Related Parties
1- filerCIK 0000061478
Filing Metadata
- Form type
- 4
- Filed
- Jun 28, 8:00 PM ET
- Accepted
- Jun 29, 1:36 PM ET
- Size
- 18.2 KB