WAGNER BRUCE THOMAS 4
4 · COGENT COMMUNICATIONS GROUP INC · Filed Oct 10, 2003
Insider Transaction Report
Form 4
WAGNER BRUCE THOMAS
VP of Sales
Transactions
- Other
Series H Convertible Preferred Stock
2003-10-10+900→ 900 totalExercise: $0.00From: 2003-10-10→ Common Stock (692,307 underlying) - Other
Option/right to buy
2003-10-10−30,000→ 0 totalExercise: $2.30From: 2003-06-05Exp: 2012-06-05→ Common Stock (30,000 underlying)
Footnotes (5)
- [F1]These options refer to unexercised rights to purchase common stock that were granted under the Amended and Restated Cogent Communications Group 2002 Equity Incentive Plan (the "Equity Incentive Plan").
- [F2]Options disposed of were exchanged for restricted shares of Series H Preferred Stock acquired in connection with a tender offer by Cogent Communications Group, Inc. described in Schedule TO filed on September 11, 2003 and amended on October 2, 2003 (file No. 005-78106).
- [F3]Each share of Series H Convertible Preferred Stock is convertible into 769.2307692 shares of common stock.
- [F4]Effective October 10, 2003, Mr. Wagner elected to exchange all of his unexercised stock option grants for 900 shares of Series H Convertible Preferred Stock, which are subject to certain vesting provisions. There is no expiration date on conversion of the Series H Convertible Preferred Stock into common stock.
- [F5]In consideration for restricted shares of Series H Convertible Preferred Stock, all rights to purchase common stock that were granted under the Equity Incentive Plan were exchanged.