4//SEC Filing
PSINET CONSULTING SOLUTIONS INC 4
Accession 0001021465-00-000012
CIK 0001000366operating
Filed
Jul 9, 8:00 PM ET
Accepted
—
Size
13.8 KB
Accession
0001021465-00-000012
Insider Transaction Report
Form 4
No transactions or holdings reported in this filing.
Footnotes (9)
- [1]Disposed of pursuant to merger agreement between Issuer and PSINet Inc. in exchange for 5,692 shares of PSINet Common Stock having a market value of $30.13 per share on the effective date of the merger.
- [2]This option which provided for vesting in three equal annual installments beginning November 7, 1996, was assumed by PSINet in the merger and replaced with an option to purchase 68,175 shares of PSINet common stock for $8.3950 per share. The option is fully vested.
- [3]This option which provided for vesting in five equal annual installments beginning April 19, 1997, was assumed by PSINet in the merger and replaced with an option to purchase 13,500 shares of PSINet common stock for $21.667 per share. The option is fully vested.
- [4]This option which provided for vesting in five equal annual installments beginning May 28, 1997, was assumed by PSINet in the merger and replaced with an option to purchase 13,500 shares of PSINet common stock for $32.037 per share. The option is fully vested.
- [5]This option which provides for vesting in two equal installments, the first on January 28, 1999 and the second on January 28, 2001 was assumed by PSINet in the merger and replaced with an option to purchase 54,000 shares of PSINet common stock for $23.75 per share.
- [6]This option which provided for vesting in five equal annual installments beginning January 7, 2000, was assumed by PSINet in the merger and replaced with an option to purchase 13,500 shares of PSINet common stock for $28.125 per share. Vesting is monthly in the amount of 1/60 per month through the first four years of the option period. At the end of the fourth year, the remaining 12/60 will automatically accelerate and fully vest.
- [7]This option which provided for vesting in five equal annual installments beginning March 4, 2000, was assumed by PSINet in the merger and replaced with an option to purchase 3,375 shares of PSINet common stock for $17.744 per share. Vesting is monthly in the amount of 1/60 per month through the first four years of the option period. At the end of the fourth year, the remaining 12/60 will automatically accelerate and fully vest.
- [8]This option which provided for vesting in five equal annual installments beginning June 22, 2000, was assumed by PSINet in the merger and replaced with an option to purchase 67,500 shares of PSINet common stock for $22.847 per share. Vesting is monthly in the amount of 1/60 per month through the first four years of the option period. At the end of the fourth year, the remaining 12/60 will automatically accelerate and fully vest.
- [9]This option which provided for vesting in three equal annual installments beginning March 13, 2001, was assumed by PSINet in the merger and replaced with an option to purchase 18,900 shares of PSINet comon stock for $20.139 per share. Vesting is monthly in the amount of 1/36 per month.
Documents
Issuer
PSINET CONSULTING SOLUTIONS INC
CIK 0001000366
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001000366
Filing Metadata
- Form type
- 4
- Filed
- Jul 9, 8:00 PM ET
- Size
- 13.8 KB