US LEC CORP 4
4 · US LEC CORP · Filed Dec 12, 2006
Insider Transaction Report
Form 4
US LEC CORPCLEC
GOOLEY THOMAS R
VP, Treasury
Transactions
- Exercise/Conversion
Class A Common Stock
2006-12-08$2.08/sh+10,000$20,800→ 18,948 total - Exercise/Conversion
Employee Stock Option (right to buy)
2006-12-08−10,000→ 52,500 totalExercise: $2.08Exp: 2016-03-27→ Class A Common Stock (10,000 underlying) - Sale
Class A Common Stock
2006-12-08$8.35/sh−10,000$83,500→ 8,948 total
Footnotes (1)
- [F1]The Option vests in the following installments: 35,000 on March 27 2006, 20,000 on March 27, 2007, 20,000 on March 27, 2008 and 2500 on March 27, 2009.