X0202 4 2007-04-24 0 0001056794 AVANEX CORP AVNX 0001237685 BARBAROSSA GIOVANNI C/O AVANEX CORPORATION 40919 ENCYCLOPEDIA CIRCLE FREMONT CA 94538 0 1 0 0 Chief Technology Officer Common Stock 2007-04-24 4 S 0 833 1.77 D 137893 D The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 7, 2006. Includes 26,667 unvested Restricted Stock Units granted on December 20, 2005 that are vesting according to the following schedule: approximately 834 of the Restricted Stock Units shall vest each month hereafter, such that 100% of the Restricted Stock Units will be fully vested on December 20, 2009, subject to the Reporting Person continuing to be a Service Provider through such date. Includes 84,783 unvested Restricted Stock Units granted on February 1, 2006 that are vesting according to the following schedule: approximately 28,261 of the Restricted Stock Units shall vest each quarter hereafter, such that 100% of the Restricted Units will be fully vested on December 31, 2007, subject to the Reporting Person continuing to be a Service Provider through such date. Includes 15,000 unvested Restricted Stock Units granted on October 9, 2006 that will vest according to the following schedule: 25% of the Restricted Stock Units awarded shall vest on October 9, 2007 and 1/48 of the Restricted Stock Units awarded shall vest each month thereafter, such that 100% of the Restricted Stock Units will be fully vested on October 9, 2010, subject to the Reporting Person continuing to be a Service Provider through such date. Includes 10,715 unvested Restricted Stock Units granted on March 21, 2007 that will vest according to the following schedule: 25% of the Restricted Stock Units awarded shall vest on February 15, 2008, and 1/48 of the Restricted Stock Units awarded shall vest each month thereafter, such that 100% of the Restricted Stock Units will be fully vested on February 15, 2011, subject to the Reporting Person continuing to be a Service Provider through such date. Richard C. Blake, Attorney-in-Fact for Giovanni Barbarossa 2007-04-25