BURCH STEPHEN A 4
4 · NTL INC · Filed Jan 18, 2006
Insider Transaction Report
Form 4
NTL INCNTLI
BURCH STEPHEN A
DirectorPresident and CEO
Transactions
- Award
Common Stock
2006-01-16+300,000→ 300,000 total
Footnotes (1)
- [F1]These shares are an award of restricted stock granted to the Reporting Person in connection with his commencement of services as the Issuer's President and Chief Executive Officer. 150,000 of these shares of restricted stock will vest (subject to continued employment) in three equal installments on January 15, 2007, January 15, 2008 and December 31, 2008. The remaining 150,000 of these shares of restricted stock will vest (subject to continued employment) in three equal installments if performance conditions are met in respect of the Issuer's 2006, 2007 and 2008 fiscal years.