VIATEL INC 4

4 · VIATEL INC · Filed Feb 10, 2000

Form 4

Period: 2000-01-31

Director

Transactions

Award
Common Stock, par value $.01 per share
2000-01-04+304→ 1,004 total
Award
Time-based options (Right to buy)
2000-01-04→ 1,000 total
Exercise: $49.31→ Common Stock (1,000 underlying)

Holdings

Footnotes (4)

[1]Represents shares of restricted stock granted as the non-cash portion of the reporting person's 2000 director's fee (the "2000 Fee Shares"). The 2000 Fee Shares vest with respect to one-third of the total number of shares on January 4, 2001, and the remainder will vest on each of January 4, 2002 and January 4, 2003 to the extent of one-third of the total number of shares. The 2000 Fee Shares are subject to early vesting if shares of Viatel Common Stock are trading at or above $60.00 for twenty (20) consecutive business days.
[2]Of the total amount of securities beneficially owned, 700 shares are of restricted stock granted as the non-cash portion of the reporting person's 1999 director's fee (the "1999 Fee Shares"). The 1999 Fee Shares vested with respect to one-third of the total number of shares on January 1, 2000, and the remainder will vest on each of January 1, 2001 and January 1, 2002 to the extent of one-third of the total number of shares. The 1999 Fee Shares are subject to early vesting if shares of Viatel Common Stock are trading at or above $60.00 for twenty (20) consecutive business days.
[3]These options are currently fully vested and exercisable.
[4]Options to purchase shares of Common Stock will vest and become exercisable as to 33.34% of these options on January 4, 2001 and the remainder will vest and become exercisable on each successive anniversary date thereafter to the extent of 33.33% of these options.

Documents

1 file