PIEPER WILLIAM T 4
4 · ADC TELECOMMUNICATIONS INC · Filed Jul 1, 2005
Insider Transaction Report
Form 4
PIEPER WILLIAM T
VP CORPORATE CONTROLLER
Transactions
- Exercise/Conversion
Common Stock
2005-06-30+642→ 642 total - Exercise/Conversion
Phantom Stock Unit
2005-06-30−642→ 1,929 total→ Common Stock (642 underlying) - Tax Payment
Common Stock
2005-06-30$21.77/sh−209$4,550→ 433 total
Holdings
- 7,142
Non-Qualified Stock Option (right to buy)
Exercise: $19.46Exp: 2014-06-30→ Common Stock (7,142 underlying)
Footnotes (2)
- [F1]Represents vesting of one-quarter of a grant of Phantom Stock Units issued on 6/30/04 under the ADC Telecommunications, Inc. Global Stock Incentive Plan. The remaining unvested units are subject to forfeiture and will vest one-third per year beginning 6/30/06. Vested units of phantom stock are settled, one-for-one, in shares of common stock. This grant was previouly reported as covering 18,000 shares, but was adjusted to reflect the reverse stock split on May 10, 2005.
- [F2]Grant date 6/30/04; options will vest one-quarter per year beginning June 30, 2005. This option was previously reported as covering 50,000 shares at an exercise price of $2.78 per share, but was adjusted to reflect the reverse sock split on May 10, 2005.