CRANE JONATHAN C 4
4 · MCI INC · Filed Jan 9, 2006
Insider Transaction Report
Form 4
MCI INCMCIP
CRANE JONATHAN C
EVP of Strategy & Corp. Dev.
Transactions
- Disposition to Issuer
Common Stock
2006-01-06−159,850→ 0 total
Footnotes (1)
- [F1]Each share of common stock of MCI, Inc. (the "Company") was disposed of pursuant to the Agreement and Plan of Merger, dated as of February 14, 2005, as amended as of March 4, 2005, March 29, 2005 and May 1, 2005 (as so amended, the "Merger Agreement"), among Verizon Communications Inc. ("Verizon"), Eli Acquisition, LLC and the Company in exchange for the right to receive (i) 0.5743 shares of the common stock of Verizon, having a market value of $18.004 per share on the effective date of the merger contemplated by Merger Agreement, and (ii) $2.738 in cash.