4//SEC Filing
WESTLUND RICHARD 4
Accession 0000808461-09-000081
CIK 0000808461other
Filed
Sep 9, 8:00 PM ET
Accepted
Sep 10, 7:53 PM ET
Size
15.7 KB
Accession
0000808461-09-000081
Insider Transaction Report
Form 4
WESTLUND RICHARD
SR VP & GM CARRIER SERVICES
Transactions
- Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2009-09-08−30,000→ 0 totalExercise: $9.86From: 2006-09-01Exp: 2015-09-01→ Class A Common Stock (30,000 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2009-09-08−60,000→ 0 totalExercise: $11.50From: 2007-12-31Exp: 2016-01-01→ Class A Common Stock (60,000 underlying) - Award
Class A Common Stock
2009-09-08+50,158→ 75,239 total - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2009-09-08−100,000→ 0 totalExercise: $7.12From: 2005-01-25Exp: 2011-01-25→ Class A Common Stock (100,000 underlying)
Holdings
- 60,735(indirect: By Trust)
Class A Common Stock
Footnotes (2)
- [F1]On September 8, 2009, the issuer canceled each of the options set forth in Table II above pursuant to the issuer's option exchange program. In exchange for the options, the reporting person received the restricted shares of Class A Common Stock (the "Restricted Stock") set forth in Table I above. 50% of the shares of Restricted Stock will vest on December 20, 2011, and the remaining 50% of the shares of Restricted Stock will vest on February 28, 2012.
- [F2]All shares owned by virtue of participation in the Company's Employee Stock Purchase Plan through December 31, 2008.
Issuer
GENERAL COMMUNICATION INC
CIK 0000808461
Entity typeother
Related Parties
1- filerCIK 0001226413
Filing Metadata
- Form type
- 4
- Filed
- Sep 9, 8:00 PM ET
- Accepted
- Sep 10, 7:53 PM ET
- Size
- 15.7 KB