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4//SEC Filing

WEITZ THEODORE M 4

Accession 0001005477-04-002153

CIK 0001278739other

Filed

Jun 1, 8:00 PM ET

Accepted

Jun 2, 5:04 PM ET

Size

12.0 KB

Accession

0001005477-04-002153

Insider Transaction Report

Form 4
Period: 2004-05-31
WEITZ THEODORE M
Executive VP & General Counsel
Transactions
  • Award

    Common Shares, par value $0.01 per share

    2004-05-31+1,6921,692 total
  • Award

    Stock Option (right to buy)

    2004-05-31+12,50012,500 total
    Exercise: $10.20Exp: 2013-01-08Common Shares (12,500 underlying)
  • Award

    Common Shares, par value $0.01 per share

    2004-05-31+6363 total(indirect: By 401(k))
  • Award

    Stock Option (right to buy)

    2004-05-31+21,25021,250 total
    Exercise: $18.20Exp: 2011-07-23Common Shares (21,250 underlying)
Footnotes (3)
  • [F1]Pursuant to the Agreement and Plan of Merger among Teleglobe International Holdings Ltd, Vex Merger Subsidiary Corp. and ITXC Corp., dated as of November 4, 2003, as amended, upon the consummation of the merger described in that agreement (which occurred on May 31, 2004), the Reporting Person became entitled to receive 0.25 common shares of Teleglobe International Holdings Ltd for each share of ITXC Corp. common stock held by the Reporting Person, in a transaction exempt from Section 16(b) of the Securities Exchange Act of 1934 pursuant to Rule 16b-3 promulgated by the Securities and Exchange Commission.
  • [F2]This option, one-half of which is currently exercisable and which provides for the remainder to vest in two equal annual installments beginning July 23, 2004, was issued by Teleglobe International Holdings Ltd in the merger in exchange for an option to purchase 85,000 shares of ITXC Corp. common stock.
  • [F3]This option, one-quarter of which is currently exercisable and which provides for the remainder to vest in three equal annual installments beginning January 8, 2005, was issued by Teleglobe International Holdings Ltd in the merger in exchange for an option to purchase 50,000 shares of ITXC Corp. common stock.

Issuer

TELEGLOBE INTERNATIONAL HOLDINGS LTD

CIK 0001278739

Entity typeother

Related Parties

1
  • filerCIK 0001145760

Filing Metadata

Form type
4
Filed
Jun 1, 8:00 PM ET
Accepted
Jun 2, 5:04 PM ET
Size
12.0 KB