-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, M1pcPRP6fBWljZ6Pdb7y272MWqtJbv6WHenDi8DgBQeztiwt+ZDnscJeLxCsHAXG PB3tqMwrK3AXYoszEekbJw== 0001346555-05-000007.txt : 20051219 0001346555-05-000007.hdr.sgml : 20051219 20051219161851 ACCESSION NUMBER: 0001346555-05-000007 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20051215 FILED AS OF DATE: 20051219 DATE AS OF CHANGE: 20051219 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: ADC TELECOMMUNICATIONS INC CENTRAL INDEX KEY: 0000061478 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE & TELEGRAPH APPARATUS [3661] IRS NUMBER: 410743912 STATE OF INCORPORATION: MN FISCAL YEAR END: 1031 BUSINESS ADDRESS: STREET 1: 13625 TECHNOLOGY DRIVE CITY: EDEN PRAIRIE STATE: MN ZIP: 55344 BUSINESS PHONE: 9529388080 MAIL ADDRESS: STREET 1: 13625 TECHNOLOGY DRIVE CITY: EDEN PRAIRIE STATE: MN ZIP: 55344 FORMER COMPANY: FORMER CONFORMED NAME: MAGNETIC CONTROLS CO DATE OF NAME CHANGE: 19850605 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: HEMMADY GOKUL V CENTRAL INDEX KEY: 0001183904 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-01424 FILM NUMBER: 051272745 BUSINESS ADDRESS: STREET 1: P O BOX 1101 MS 050 CITY: MINNEAPOLIS STATE: MN ZIP: 55440-1101 BUSINESS PHONE: 9529388080 MAIL ADDRESS: STREET 1: P.O. BOX 1101 STREET 2: MS067 CITY: MINNEAPOLIS STATE: MN ZIP: 55440-1101 4 1 edgardoc.xml PRIMARY DOCUMENT X0202 4 2005-12-15 0 0000061478 ADC TELECOMMUNICATIONS INC ADCT 0001183904 HEMMADY GOKUL V 13625 TECHNOLOGY DRIVE MINNEAPOLIS MN 55344 0 1 0 0 VP & CFO Common Stock 2005-12-16 4 M 0 2292 0 A 17611 D Common Stock 2005-12-16 4 F 0 749 24.04 D 16862 D Incentive Stock Option (right to buy) 23.91 2005-12-15 4 A 0 4182 0 A 2015-12-15 Common Stock 4182 4182 D Non-Qualified Stock Option (right to buy) 23.91 2005-12-15 4 A 0 25818 0 A 2015-12-15 Common Stock 25818 25818 D Restricted Stock Unit (12-04) 2005-12-16 4 M 0 2292 0 D Common Stock 2292 6879 D Restricted Stock Unit (12-05) 2005-12-15 4 A 0 15000 0 A Common Stock 15000 15000 D Incentive Stock Option (right to buy) 15.82 2012-11-27 Common Stock 10915 10915 D Incentive Stock Option (right to buy) 20.44 2014-03-03 Common Stock 14676 14676 D Non-Qualified Stock Option (right to buy) 15.82 2012-11-27 Common Stock 14798 14798 D Non-Qualified Stock Option (right to buy) 18.76 2014-12-16 Common Stock 27528 27528 D Non-Qualified Stock Option (right to buy) 19.81 2010-12-29 Common Stock 25578 25578 D Non-Qualified Stock Option (right to buy) 20.44 2014-03-03 Common Stock 5323 5323 D Phantom Stock Unit Common Stock 5000 5000 D The reporting person also indirectly beneficially owns 208 shares through the ADC Telecommunications, Inc. Retirement Savings Plan (401k) ("ADC 401k") based on a plan statement dated as of 9/30/05. Grant date 12/15/05; options were granted in the same transaction and have been split into an incentive stock option and a non-qualified option for tax purposes. In the aggregate, options will vest one-quarter per year beginning December 15, 2006. Represents vesting of one-quarter of a grant of Phantom Stock Units issued on 12/16/04 under the ADC Telecommunications, Inc. Global Stock Incentive Plan (the "Plan"). The units are subject to forfeiture and will vest one-third per year beginning December 16, 2006. The units of phantom stock will be settled, one-for-one, in shares of common stock upon vesting. This grant was previouly reported as covering 64,200 shares, but was adjusted to reflect the reverse stock split on May 10, 2005. Phantom Stock Units issued under the ADC Telecommunications, Inc. Global Stock Incentive Plan. Generally, full vesting of these units occurs upon the attainment of certain performance goals by the Company at the end of a three-year measurement period. If the Company does not meet the specified performance goals, the award is forfeited. The units of phantom stock will be settled, one-for-one, in shares of common stock upon vesting. The reporting person also indirectly owns 47 phantom stock units which were accrued under the registrant's 401(k) Excess Plan and are to be settled in cash upon reporting person's retirement; conversion rate = One-for-One. The information herein is based on a statement dated as of 9/30/05. On 5/10/2005, the registrant undertook a reverse 1-for-7 split of its common stock. The reporting person's holdings through the ADC 401k Excess Plan had previously been reported as 328 phantom stock units, but have been adjusted to reflect the split. Grant date 11/27/02; options were granted in the same transaction and have been split into an incentive stock option and a non-qualified option for tax purposes. These options are full vested. These options were previously reported as covering a total of 180,000 shares at an exercise price of $2.26 per share, but have been adjusted to reflect the stock split on May 10, 2005. Grant date 3/3/04; options were granted in the same transaction and have been split into an incentive stock option and a non-qualified option for tax purposes. In the aggregate, options will vest one-quarter per year beginning March 3, 2005. These options were previously reported as covering a total of 140,000 shares at an exercise price of $2.92 per share, but have been adjusted to reflect the stock split on May 10, 2005. Grant date 12/16/04. Options will vest one-quarter per year beginning December 16, 2005. These options were previously reported as covering a total of 192,700 shares at an exercise price of $2.68 per share, but have been adjusted to reflect the stock split on May 10, 2005. Grant date 12/29/03; options become exercisable in four equal installments commencing six months after the grant date and on each six month anniversary thereafter. These options were previously reported as 10 separate grants covering a total of 179,078 shares at an exercise price of $2.83 per share. Because the options all have the same exercise price and vesting schedule they are now being reported on a consolidated basis. The reporting has also been adjusted to reflect ADC's 1-for-7 reverse stock spilt that became effective on May 10, 2005. Phantom Stock Units were issued under the ADC Telecommunications, Inc. Global Stock Incentive Plan (the "Plan"). The units are subject to forfeiture and will vest one-third per year beginning March 3, 2006. The units of phantom stock will be settled, one-for-one, in shares of common stock upon vesting. This grant was previouly reported as covering 46,667 shares, with a balance of 35,001 as of 3/3/05 remaining subject to forfeiture, but was adjusted to reflect the reverse stock split on May 10, 2005. Gokul V. Hemmady 2005-12-19 -----END PRIVACY-ENHANCED MESSAGE-----