4//SEC Filing
Willet Richard 4
Accession 0001005477-04-002129
CIK 0001278739other
Filed
May 31, 8:00 PM ET
Accepted
Jun 1, 4:55 PM ET
Size
7.2 KB
Accession
0001005477-04-002129
Insider Transaction Report
Form 4
Willett Richard
COO and EVP
Transactions
- Other
Common Shares, par value $0.01 per share
2004-05-27+674,562→ 674,562 total(indirect: By Trust)
Footnotes (2)
- [F1]The reporting person is an officer of Teleglobe International Holdings Ltd (the "Company") and does not individually hold any securities of the Company. As of May 27, 2004, Teleglobe Bermuda Holdings Ltd ("Teleglobe Bermuda") holds 25,745,790 of the issued and outstanding common shares, par value $0.01 per share, of the Company. Teleglobe Bermuda, in its capacity as the beneficial owner of more than 10% of the common shares of the Company pursuant to Reg. 13d-3, separately files statements pursuant to Section 13 and Section 16 of the Securities Exchange Act of 1934, as amended. Pursuant to a Securities Exchange Agreement, dated as of May 27, 2004, among the Company, Teleglobe Bermuda and certain holders of common shares of Teleglobe Bermuda specified therein, a trust, the trustee of which is a member of the immediate family of the reporting person, and the beneficiaries of which include the reporting person
- [F2]and members of the immediate family of the reporting person, exchanged 674,562 common shares of Teleglobe Bermuda, on a one-for-one basis, for 674,562 common shares of the Company. The reporting person exercises no voting or investment control with respect to the common shares of the Company held by such trust. The reporting person disclaims all beneficial ownership of the common shares of the Company held by such trust; the reporting person's pecuniary interest in the common shares of the Company held by such trust is limited to his economic interest, if any, in the trust.
Documents
Issuer
TELEGLOBE INTERNATIONAL HOLDINGS LTD
CIK 0001278739
Entity typeother
Related Parties
1- filerCIK 0001288940
Filing Metadata
- Form type
- 4
- Filed
- May 31, 8:00 PM ET
- Accepted
- Jun 1, 4:55 PM ET
- Size
- 7.2 KB