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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Options (rights to buy) | $ 9 | 09/10/1998(1) | 09/10/2008 | Common Stock | 56,250 | 56,250 | D | ||||||||
Options (rights to buy) | $ 12 | 04/27/1999(2) | 04/27/2009 | Common stock | 22,500 | 22,500 | D | ||||||||
Options (rights to buy) | $ 26.94 | 05/02/2000(3) | 05/02/2010 | Common stock | 20,000 | 20,000 | D | ||||||||
Options (rights to buy) | $ 52.4375 | 09/18/2000(4) | 09/18/2010 | Common Stock | 200,000 | 200,000 | D | ||||||||
Options (rights to buy) | $ 22.36 | 05/25/2001(5) | 05/25/2011 | Common stock | 40,000 | 40,000 | D | ||||||||
Options (rights to buy) | $ 21.77 | 04/15/2002(5) | 04/15/2012 | Common Stock | 40,000 | 40,000 | D | ||||||||
Options (rights to buy) | $ 27.25 | 03/07/2003(5) | 03/07/2013 | Common Stock | 40,000 | 40,000 | D | ||||||||
Options (rights to buy) | $ 40.98 | 02/05/2004(5) | 02/05/2014 | Common Stock | 30,000 | 30,000 | D | ||||||||
Options (rights to buy) | $ 28.96 | 08/19/2004(5) | 08/19/2014 | Common Stock | 10,000 | 10,000 | D | ||||||||
Options (rights to buy) | $ 26.14 | 06/30/2005(6) | 06/30/2015 | Common Stock | 8,500 | 8,500 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
PRITCHETT DOUGLAS E 4991 CORPORATE DRIVE HUNTSVILLE, AL 35805 |
Exec VP Marketing |
Edward H. Blankenship as attorney-in-fact for Douglas E Pritchett | 01/05/2006 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Grant date, options exercisable 20% annually each year on the grant date anniversary. |
(2) | Grant date, 25% vests immediately and then 3 equal annual installments. |
(3) | Grant date, 50% vest and become exercisable on the first anniversary of the grant date and 25% on each grant date anniversary thereafter. |
(4) | Grant date, 15% vests every six months for the first 12 months, 6.25% vests quarterly for the following 24 months and 5% vests quarterly for the remaining 12 months. |
(5) | Grant date, 25% vests after 6 months and in 10 equal quarterly installments thereafter. Vesting of unvested options (priced greater than $25.00) accelerated and became 100% vested on December 25, 2005. |
(6) | Grant date, 100% vests on December 31, 2005. |
(7) | Shares purchased under the Avocent Employee Stock Purchase Plan. |