Avanade Inc. 4
4 · Avanade Inc. · Filed Dec 4, 2007
Insider Transaction Report
Form 4
Avanade Inc.NONE
Hill Mitchell C
DirectorChief Executive Officer10% Owner
Transactions
- Disposition to Issuer
Common Stock
2007-11-30$10.57/sh−50,000$528,500→ 828,833 total - Exercise/Conversion
Avanade Valuation Unit
2007-11-30−50,000→ 100,000 totalExercise: $6.14→ Common Stock (50,000 underlying) - Exercise/Conversion
Common Stock
2007-11-30$6.14/sh+50,000$307,000→ 878,833 total - Award
Avanade Valuation Unit
2007-11-30+200,000→ 200,000 totalExercise: $10.57→ Common Stock (200,000 underlying)
Footnotes (3)
- [F1]Twenty-five percent (25%) of the award will vest on 11/30/2008, and on each anniversary thereof until fully vested, subject to earlier termination or acceleration. Each award is effectively automatically exercised and paid following vesting.
- [F2]Twenty-five percent (25%) of the award vested on 11/30/2006, and on each anniversary thereof until fully vested, subject to earlier termination or acceleration. Each award is effectively automatically exercised and paid following vesting.
- [F3]Twenty-five percent (25%) of the award vested on 11/30/2007, and on each anniversary thereof until fully vested, subject to earlier termination or acceleration. Each award is effectively automatically exercised and paid following vesting.