VIRGIN MEDIA INC. 4
4 · VIRGIN MEDIA INC. · Filed Oct 3, 2007
Insider Transaction Report
Form 4
SCHWEITZER MARK
CHIEF COMMERCIAL OFFICER
Transactions
- Award
Stock Option (Right to Buy)
2007-10-01+400,000→ 400,000 totalExercise: $24.51Exp: 2017-09-30→ Common Stock (400,000 underlying) - Award
Stock Option (Right to Buy)
2007-10-01+75,000→ 75,000 totalExercise: $24.51Exp: 2017-09-30→ Common Stock (75,000 underlying)
Footnotes (2)
- [F1]This option will vest as to 20% of the shares subject thereto on October 1, 2008 and as to an additional 20% of the shares subject thereto on each October 1 thereafter until fully vested. In the event of a change of control of the Issuer within one year after October 1, 2007, 20% of the unvested shares subject to the option will vest.
- [F2]This option will vest over a five-year period beginning October 1, 2007, subject to the satisfaction of performance conditions to be determined by the Issuer's Compensation Committee. Vesting will not accelerate in the event of a change of control of the Issuer unless determined otherwise by the Issuer's Compensation Committee.