4//SEC Filing
ELLIOTT JERRY 4
Accession 0000895345-09-000006
CIK 0001270400other
Filed
Jan 5, 7:00 PM ET
Accepted
Jan 6, 4:07 PM ET
Size
6.5 KB
Accession
0000895345-09-000006
Insider Transaction Report
Form 4
ELLIOTT JERRY
CHIEF FINANCIAL OFFICER
Transactions
- Award
Stock Option (Right to Buy)
2009-01-05+600,000→ 600,000 totalExercise: $4.86Exp: 2019-01-04→ Common Stock (600,000 underlying)
Footnotes (2)
- [F1]On his appointment as Chief Financial Officer of Virgin Media Inc. (the "Company") on January 5, 2009, Mr. Elliott was granted an option to purchase 600,000 shares of the Company's common stock at an exercise price of $4.86 per share.
- [F2]This option will vest as to 200,000 of the shares covered thereby on December 31, 2009 and a further 100,000 shares on each of December 31, 2010, 2011, 2012 and 2013, provided that Mr. Elliott remains employed by the Company or one of its subsidiary corporations on each such vesting date. Upon an acceleration event involving a change of control, this Option will vest (i) as to 20% of the shares covered thereby if the acceleration event occurs within six months of the grant date; and (ii) to the extent not yet vested, as to 100% of the shares covered thereby if the acceleration event occurs after the first six months of the grant date.
Documents
Issuer
VIRGIN MEDIA INC.
CIK 0001270400
Entity typeother
Related Parties
1- filerCIK 0001179509
Filing Metadata
- Form type
- 4
- Filed
- Jan 5, 7:00 PM ET
- Accepted
- Jan 6, 4:07 PM ET
- Size
- 6.5 KB