VIRGIN MEDIA INC. 4
4 · VIRGIN MEDIA INC. · Filed Jun 1, 2007
Insider Transaction Report
Form 4
WALL MALCOLM
CEO, Content Division
Transactions
- Award
Stock Option (Right To Buy)
2007-05-16+49,295→ 49,295 totalExercise: $24.36Exp: 2017-05-15→ Common Stock (49,295 underlying)
Footnotes (2)
- [F1]This option was granted under the Issuer's 2006 Stock Incentive Plan as part of its 2007-2009 Long Term Incentive Program. As part of such Program, the Reporting Person was also granted 28,410 restricted stock units, the vesting of which is contingent upon (i) satisfaction of performance goals in respect of the period beginning January 1, 2007 and ending December 31, 2009; and (ii) continued employment through the settlement date.
- [F2]This option will vest as to 20% of the shares on January 1, 2008 and as to an additional 20% of the shares on each January 1 thereafter until fully vested.