EDNEY LEON 4
4 · JNI CORP · Filed Oct 30, 2003
Insider Transaction Report
Form 4
JNI CORPjnic
EDNEY LEON
Director
Transactions
- Other
Employee Stock Options ( Right to buy)
2003-10-28$5.45/sh−10,000$54,500→ 0 totalExercise: $5.45From: 2004-06-17Exp: 2015-06-17→ Common Stock (10,000 underlying) - Other
Employee Stock Options (Right to buy)
2003-10-28$2.54/sh−10,000$25,400→ 0 totalExercise: $2.54From: 2003-09-12Exp: 2012-09-12→ Common Stock (10,000 underlying)
Footnotes (1)
- [F1]This option was assumed by Applied Micro Circuit Corporation (AMCC) pursuant to a merger between AMCC and JNI Corporation based on an exchange ratio of 1.259 and on the same terms.