Ownership Submission
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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(Print or Type Responses)
1. Name and Address of Reporting Person *
SARACINO SAMUEL F
   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)
Exec VP of Legal and Corp
(Last)
(First)
(Middle)
9911 WILLOWS ROAD N.E.		 3. Date of Earliest Transaction (Month/Day/Year)
10/23/2006
(Street)

REDMOND, WA 98052		 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 10/23/2006   M   26,000 A $ 22.36 49,694 D  
Common Stock 10/23/2006   S   26,000 D $ 35.06 23,694 D  
Common Stock 10/24/2006   M   14,000 A $ 22.36 37,694 D  
Common Stock 10/24/2006   S   14,000 D $ 34.9 23,694 (4) 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) $ 52.4375             09/18/2000(1) 09/18/2010 Common Stock 100,000   100,000 D  
Options (rights to buy) $ 22.36 10/23/2006   M     26,000 05/25/2001(2) 05/25/2011 Common stock 26,000 $ 0 14,000 D  
Common Stock $ 22.36 10/24/2006   M     14,000 05/25/2001(2) 05/25/2011 Common Stock 14,000 $ 0 0 D  
Options (rights to buy) $ 21.77             04/15/2002(2) 04/15/2012 Common Stock 76   76 D  
Options (rights to buy) $ 27.25             03/07/2003(2) 03/07/2013 Common Stock 40,000   40,000 D  
Options (rights to buy) $ 40.98             02/05/2004(2) 02/05/2014 Common Stock 30,000   30,000 D  
Option (rights to buy) $ 28.96             08/19/2004(2) 08/19/2014 Common Stock 10,000   10,000 D  
Options (rights to buy) $ 26.14             06/30/2005(3) 06/30/2015 Common Stock 8,500   8,500 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
SARACINO SAMUEL F
9911 WILLOWS ROAD N.E.
REDMOND, WA 98052		       Exec VP of Legal and Corp  

Signatures

 Edward H. Blankenship Attorney-in-Fact for Samuel F. Saracino   10/25/2006
**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) Grant date, 15% vests every six months for the first 12 months, 6.25% vests quarterly for the following 24 months and 5% vests quarterly for the remaining 12 months.
(2) Grant date, 25% vests after 6 months and in 10 equal quarterly installments thereafter. The vesting of the unvested options priced at higher then $25.00 vested on December 25, 2005.
(3) Grant date, 100% vests on December 31, 2005.
(4) This includes time-based restricted shares: 5484 shares vest equally over two years, 50% on January 1, 2007 and 50% on January 1, 2008; 10753 shares vest equally over three years, 1/3 on January 1, 2007, 1/3 on January 1, 2008 and 1/3 on January 1, 2009.

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