FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT 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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1. Name and Address of Reporting Person * LEE MARK   2. Issuer Name and Ticker or Trading Symbol AVOCENT CORP [AVCT] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Senior VP (Last) (First) (Middle) 4991 CORPORATE DRIVE 3. Date of Earliest Transaction (Month/Day/Year) 02/13/2006 (Street) HUNTSVILLE, AL 35805 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 02/13/2006   M   1,818 A $ 1.31 9,334 (1) D   Common Stock 02/13/2006   M   3,300 A $ 26.14 12,634 D   Common Stock 02/13/2006   S   12,634 D $ 33.21 0 D

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

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)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Options (rights to buy)

$ 1.31

02/13/2006

M

1,818

09/30/2003(3)

09/30/2013

Common Stock

1,818

$ 0

0

D

Options (rights to buy)

$ 37.42

04/07/2004(2)

04/07/2014

Common Stock

67,290

67,290

D

Options (rights to buy)

$ 26.14

02/13/2006

M

3,300

06/30/2005(4)

06/30/2015

Common Stock

3,300

$ 0

0

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
LEE MARK 4991 CORPORATE DRIVE HUNTSVILLE, AL 35805			Senior VP

Signatures

Richard K. Hempstead as attorney in fact for Mark Lee		02/15/2006
**Signature of Reporting Person		Date

Explanation of Responses:

*	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)	Shares were held in escrow for the benefit of Mr. Lee under terms of an Escrow and Indemnification Agreement dated April 6, 2004. The balance reflects the release of 7516 shares from escrow under terms of Escrow and Indemnification Agreement to Mr. Lee and the release of 64 shares to cover claims against the escrow under terms of the Escrow and Indemnification Agreement.
(2)	Grant date, options vest over four years, 25% on the first anniversary of the grant date and 6.25% quarterly over the remaining 12 quarters. The vesting of all unvested options will be accelerated and become 100% vested on December 25, 2005 if the reporting person is an employee on that date.
(3)	Original grant date, options vest at approximately 1,817 a month until fully vested as of September 30, 2005.
(4)	Grant date, 100% vests on December 31, 2005.

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