CARABELLI HENRY ROBERT 4
4 · PAC-WEST TELECOMM INC · Filed Oct 20, 2003
Insider Transaction Report
Form 4
CARABELLI HENRY ROBERT
President and Chief Executive
Transactions
- Purchase
Stock previously reported
2003-10-17+0→ 50,000 total - Disposition to Issuer
Employee stock options
2003-10-17−200,000→ 300,000 totalExercise: $2.53Exp: 2011-06-12→ Common stock (200,000 underlying) - Award
Employee stock options
2003-10-17+200,000→ 200,000 totalExercise: $2.53Exp: 2011-06-12→ Common stock (200,000 underlying) - Award
Employee stock options
2003-10-17+100,000→ 500,000 totalExercise: $0.50Exp: 2012-12-31→ Common stock (100,000 underlying) - Disposition to Issuer
Employee stock options
2003-10-17−100,000→ 0 totalExercise: $0.50Exp: 2012-12-31→ Common stock (100,000 underlying)
Footnotes (3)
- [F1]SEC forms software requires a date format. This row has no transaction and is reporting stock previously issued. We have given the date of the transactions in table 2 to meet the software requirement for a date.
- [F2]Amendment of outstanding options resulting in deemed cancellation and grant of replacement options. Amendment provided for (a) accelerated vesting such that each option shall be fully vested and exercisable upon termination of employment period under reporting person's employment agreement other than resignation without good cause or termination for cause and (b) to extend post termination exercise period such that it expires on the expiration date of each grant.
- [F3]Column 8 is not a required reportable field. New SEC software requires a dollar amount; use zeros per SEC.