Grimes Benjamin R 4
4 · AVOCENT CORP · Filed Jul 17, 2009
Insider Transaction Report
Form 4
AVOCENT CORPAVCT
Grimes Benjamin R
Chief Technical Officer
Transactions
- Tax Payment
Common Stock
2009-07-14$13.67/sh−1,933$26,424→ 44,850 total - Tax Payment
Common Stock
2009-07-01$14.02/sh−511$7,164→ 46,783 total
Holdings
- 31,250
Performance-share award with Market Conditions
Exercise: $0.00From: 2009-06-26Exp: 2019-06-26→ Common Stock (31,250 underlying) - 7,313
Performance-share Award with Market Conditions
Exercise: $0.00From: 2008-02-19Exp: 2018-06-06→ Common Stock (7,313 underlying)
Footnotes (6)
- [F1]Includes 40,915 time-based and performance-based (now deemed earned). 20,125 shares vest in 2010, 12,457 shares vest in 2011, and 8,333 shares vest in 2012.
- [F2]Grant date; These are performance-shares awards with market conditions tied to company stock price to be earned over a two year period. If earned, the shares will vest over a three year period beginning January 1, 2009.
- [F3]Grant date; These are performance-shares awards with market conditions tied to company stock price to be earned over a two year period. If earned, the shares will vest over a three year period beginning February 8, 2010.
- [F4]511 shares were withheld as payment for taxes at the release of 1,584 restricted shares on July 1, 2009.
- [F5]1,933 shares were withheld as payment for taxes at the release of 4,875restricted shares on July 14, 2009.
- [F6]Includes 34,915 time-based and performance-based (now deemed earned). 14,125 shares vest in 2010, 12,457 shares vest in 2011, and 8,333 shares vest in 2012.