STERN RUSSELL 4
4 · JNI CORP · Filed Oct 30, 2003
Insider Transaction Report
Form 4
JNI CORPjnic
STERN RUSSELL
Chief Executive Officer
Transactions
- Other
Employee Stock Options (Right to buy)
2003-10-28$2.59/sh−350,000$906,500→ 0 totalExercise: $2.59From: 2003-09-06Exp: 2012-09-06→ Common Stock (350,000 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.