4//SEC Filing
NTL INC 4
Accession 0000895345-06-000653
CIK 0001270400operating
Filed
Jul 9, 8:00 PM ET
Accepted
Jul 10, 6:30 PM ET
Size
6.3 KB
Accession
0000895345-06-000653
Insider Transaction Report
Form 4
NTL INCNTLI
SMITH NEIL
Vice President and CFO
Transactions
- Award
Stock Option (right to buy)
2006-07-06+39,205→ 39,205 totalExercise: $24.74Exp: 2016-07-05→ Common Stock (39,205 underlying)
Footnotes (2)
- [F1]This option was granted under the Issuer's 2006 Stock Incentive Plan as part of its 2006-2008 long-term incentive program. The Reporting Person was also granted as part of such program 23,938 restricted stock units, the vesting of which is contingent upon (i) satisfaction of performance goals in respect of the period beginning January 1, 2006 and ending December 31, 2008 and (ii) continued employment through the settlement date.
- [F2]This option will vest as to 20% of the shares on January 1, 2007 (the "First Vesting Date") and as to an additional 20% of the shares on each of the next four anniversaries of the First Vesting Date thereafter, until fully vested.
Documents
Issuer
NTL INC
CIK 0001270400
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001270400
Filing Metadata
- Form type
- 4
- Filed
- Jul 9, 8:00 PM ET
- Accepted
- Jul 10, 6:30 PM ET
- Size
- 6.3 KB