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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 | ||||||||
Non-Qualified Stock Option (right to buy) | $ 24.18 | 03/08/2006 | A | 2,770 | 03/08/2007 | 03/08/2016 | Common Stock | 2,770 | $ 0 | 2,770 | D | ||||
Restricted Stock Unit (3-06) | (1) | 03/08/2006 | A | 1,032 | (1) | (1) | Common Stock | 1,032 | $ 0 | 1,032 | D | ||||
Non-Qualified Stock Option (right to buy) | $ 14.42 | 01/01/2005 | 09/02/2014 | Common Stock | 5,714 | 5,714 | D | ||||||||
Non-Qualified Stock Option (right to buy) | $ 16.17 | 03/02/2006 | 03/02/2015 | Common Stock | 4,100 | 4,100 | D | ||||||||
Phantom Stock Unit | (2) | (2) | (2) | Common Stock | 577 | 577 | D | ||||||||
Restricted Stock Unit (3-05) | (2) | (2) | (2) | Common Stock | 1,552 | 1,552 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
GILLIGAN J KEVIN 13625 TECHNOLOGY DRIVE MINNEAPOLIS, MN 55344 |
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J. Kevin Gilligan | 03/10/2006 | |
**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) | These are Phantom Stock Units issued under the ADC Telecommunications, Inc. Global Stock Incentive Plan in a transaction exempt under Rule 16b-3. The units of phantom stock will be settled, one-for-one, in shares of common stock one year following the director's cessation of service as a member of the Board of Directors. The units are subject to forfeiture and become fully vested on the first business day of the calendar year in the year following the date of the grant. ALL HOLDINGS AND GRANTS INCLUDED HEREIN HAVE BEEN ADJUSTED TO REFLECT THE 1-FOR-7 REVERSE STOCK SPLIT UNDERTAKEN BY THE COMPANY AS OF MAY 10, 2005. |
(2) | These are Phantom Stock Units issued under the ADC Telecommunications, Inc. Global Stock Incentive Plan in a transaction exempt under Rule 16b-3. The units of phantom stock will be settled, one-for-one, in shares of common stock one year following the director's cessation of service as a member of the Board of Directors. These units are fully vested. |