-----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, BNrVpSu0jxcPAZd1mfxU72TtZ8+xH77C+DBdkGeUq/8RpB11pGf7nXPcAaYTYgq2 Cqfutxl5AcvDjVeUqvWIPg== 0001232003-05-000002.txt : 20050611 0001232003-05-000002.hdr.sgml : 20050611 20050602115236 ACCESSION NUMBER: 0001232003-05-000002 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20050601 FILED AS OF DATE: 20050602 DATE AS OF CHANGE: 20050602 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: ADAPTEC INC CENTRAL INDEX KEY: 0000709804 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER COMMUNICATIONS EQUIPMENT [3576] IRS NUMBER: 942748530 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 BUSINESS ADDRESS: STREET 1: 691 S MILPITAS BLVD STREET 2: M/S25 CITY: MILPITAS STATE: CA ZIP: 95035 BUSINESS PHONE: 4089458600 MAIL ADDRESS: STREET 1: 691 SOUTH MILPITAS BLVD STREET 2: M/S25 CITY: MILPITAS STATE: CA ZIP: 95035 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: MERCER D SCOTT CENTRAL INDEX KEY: 0001232003 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-15071 FILM NUMBER: 05872727 BUSINESS ADDRESS: STREET 1: WESTERN DIGITAL CORP STREET 2: 20511 LAKE FOREST DR CITY: LAKE FOREST STATE: CA ZIP: 92630 BUSINESS PHONE: 9496727420 4 1 primary_doc.xml PRIMARY DOCUMENT X0202 4 2005-06-01 0 0000709804 ADAPTEC INC ADPT 0001232003 MERCER D SCOTT 0 1 0 0 Chief Executive Officer Incentive Stock Option 3.98 2005-06-01 4 A 0 25000 0 A 2005-09-01 2012-06-01 Common Stock 25000 95000 D Non-Qualified Stock Option 3.98 2005-06-01 4 A 0 25000 0 A 2005-12-01 2012-06-01 Common Stock 25000 120000 D Mr. Mercer was granted a total of 50,000 options on 6/1/05. Because of IRS limitations on Incentive Stock Options, 25,000 of the options granted are considered non-qualified stock options. The remaining 25,000 are considered Incentive Stock Options. These options vest and become exercisable as to 50% of the total options on September 1, 2005 and the remaining 50% becomes exercisable on December 1, 2005, such that the option is 100% exercisable by December 1, 2005. 25,000 are attributable to outstanding Incentive Stock Options; 70,000 are attributable to outstanding Non-Qualified Stock Options. 25,000 are attributable to outstanding Incentive Stock Options; 95,000 are attributable to outstanding Non-Qualified Stock Options. D. Scott Mercer 2005-06-02 -----END PRIVACY-ENHANCED MESSAGE-----