SCHWEITZER MARK 4
4 · VIRGIN MEDIA INC. · Filed Oct 1, 2009
Insider Transaction Report
Form 4
SCHWEITZER MARK
CHIEF COMMERCIAL OFFICER
Transactions
- Disposition to Issuer
Stock Option (Right To Buy)
2009-10-01−525→ 66,975 totalExercise: $24.51Exp: 2017-09-30→ Common Stock (525 underlying)
Footnotes (1)
- [F1]Of an original grant of 75,000 performance-related stock options granted to Mr. Schweitzer on October 1, 2007: (i) 7,500 were forfeited and cancelled, without consideration, and 7,500 vested on October 1, 2008; (ii) 525 were forfeited and cancelled, without consideration, and 14,475 vested on October 1, 2009; and (iii) subject to the satisfaction of performance conditions to be determined by the Company's Compensation Committee, the remaining 45,000 unvested options will vest in equal installments of 15,000 on each of October 1, 2010, 2011 and 2012.