CENTENNIAL COMMUNICATIONS CORP /DE 4
4 · CENTENNIAL COMMUNICATIONS CORP /DE · Filed Nov 10, 2009
Insider Transaction Report
Form 4
COLTRANE MICHAEL R
Director
Transactions
- Disposition to Issuer
Employee Stock Option (Right to Buy)
2009-11-06$8.50/sh−15,000$127,500→ 0 totalExercise: $6.24Exp: 2018-09-25→ Common Stock (15,000 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2009-11-06$8.50/sh−15,000$127,500→ 0 totalExercise: $8.97Exp: 2017-11-29→ Common Stock (15,000 underlying) - Sale
Common Stock
2009-11-06$8.50/sh−500$4,250→ 0 total
Footnotes (2)
- [F1]All stock options are fully vested.
- [F2]Pursuant to the Agreement and Plan of Merger dated as of November 7, 2008 (the "Merger Agreement") by and among Centennial Communications Corp., AT&T and Independent Merger Sub Inc., all stock options were cancelled and converted into the right to receive cash in an amount equal to the excess (if any) of $8.50 per share over the exercise price per share of the stock option multiplied by the number of shares subject to such stock option.