4//SEC Filing
SCHWEITZER MARK 4
Accession 0000895345-09-000547
CIK 0001270400other
Filed
Jun 15, 8:00 PM ET
Accepted
Jun 16, 3:31 PM ET
Size
6.8 KB
Accession
0000895345-09-000547
Insider Transaction Report
Form 4
SCHWEITZER MARK
CHIEF COMMERCIAL OFFICER
Transactions
- Award
Stock Option (Right To Buy)
2009-06-12+77,955→ 77,955 totalExercise: $8.73Exp: 2019-06-11→ Common Stock (77,955 underlying)
Footnotes (3)
- [F1]This option was granted under the Issuer's 2006 Stock Incentive Plan as part of its 2009/2011 Long Term Incentive Program. As part of such Program, Mr. Schweitzer was also granted 31,073 restricted stock units, the vesting of which is contingent upon (i) satisfaction of performance goals in respect of the period beginning January 1, 2009 and ending December 31, 2011; and (ii) continued employment through the settlement date.
- [F2]This option will vest as to 20% of the shares on January 1, 2010 and as to an additional 20% of the shares on each January 1 thereafter until fully vested.
- [F3]This option may not be exercised unless Mr. Schweitzer has entered into new terms and conditions of employment with the Company (or a Subsidiary Company, Parent Company or Affiliated Entity) on terms satisfactory to the Company on or before July 31, 2009 and accordingly, if this exercise condition is not satisfied, this option will terminate in full on August 1, 2009 unless otherwise agreed by the Company.
Documents
Issuer
VIRGIN MEDIA INC.
CIK 0001270400
Entity typeother
Related Parties
1- filerCIK 0001412296
Filing Metadata
- Form type
- 4
- Filed
- Jun 15, 8:00 PM ET
- Accepted
- Jun 16, 3:31 PM ET
- Size
- 6.8 KB