WILLIAMS COLIN 4
4 · LEVEL 3 COMMUNICATIONS INC · Filed Feb 10, 2004
Insider Transaction Report
Form 4
WILLIAMS COLIN
Director
Transactions
- Sale
Common Stock
2004-02-09$5.11/sh−20,000$102,200→ 166,262 total
Holdings
- 20,000(indirect: By Dreason (BVI) Ltd.)
Common Stock
Footnotes (1)
- [F1]The Reporting Person changed the form of his ownership of 20,000 shares from direct to indirect as a result of the transfer of these 20,000 shares to Dreason (BVI) Ltd., a wholly owned subsidiary of Dreason (Bermuda) Ltd. The Reporting Person is the sole managing director of Dreason (Bermuda) Ltd. and holds 70% of the common stock. The remaining 30% of the Dreason (Bermuda) Ltd. common stock is held by persons as to which no attribution is required with respect to the Reporting Person. Pursuant to General Instructions 4(b)(iv) of Form 4, the Reporting Person is reporting 100% of the shares held by Dreason (Bermuda) Ltd. and Dreason (BVI) Ltd.