MOSTAFA ASGHAR D 4
4 · ADVANCED SWITCHING COMMUNICATIONS INC · Filed Aug 25, 2003
Insider Transaction Report
Form 4
MOSTAFA ASGHAR D
DirectorFormer President & Former CEO10% Owner
Transactions
- Other
Common Stock, $0.0025 par value per share
2003-06-10−2,621,835→ 0 total(indirect: _) - Other
Common Stock, $0.0025 par value per share
2003-06-10−8,000,000→ 0 total(indirect: _)
Footnotes (2)
- [F1]The reporting person disposed Common Stock pursuant to the Company's Liquidating Trust Agreement, dated as of June 10, 2003, pursuant to which each of the Company's stockholders automatically became the holder of one unit of beneficial interest in the Liquidating Trust for each share of the Company common stock then held of record by such stock holder. All outstanding Company shares were automatically deemed canceled.
- [F2]Includes 8,000,000 shares owned by Mostafa Limited Partnership, an investment partnership controlled by Asghar D. Mostafa, and 2,621,835 shares owned by Mostafa Ventures Fund, LLC, an investment limited liability company controlled by Asghar D. Mostafa. Excludes shares owned by Mr. Mostafa's brother, Iraj Mostafa, an employee of Advanced Switching Communications, Inc. through April 6, 2002.