Wachter Steven K 4
4 · ESCHELON TELECOM INC · Filed Aug 22, 2005
Insider Transaction Report
Form 4
Wachter Steven K
EVP - Sales
Transactions
- Award
Common Stock Options
2005-08-18$12.19/sh+6,000$73,140→ 32,744 totalExercise: $12.19From: 2005-08-18Exp: 2015-08-18→ Common (6,000 underlying)
Footnotes (2)
- [F1]On February 7, 2003, Mr. Wachter was gifted 11,948 restricted shares of the Company's common stock. 10,801 shares are fully vested and the remaining 1,147 shares will vest in two equal annual installments starting on February 7, 2006. On February 7, 2003, Mr. Wachter was granted options to purchase 8,571 shares of common stock, 5,142 have been exercised and the remaining 3,249 will vest equally over the next two anniversarys of the grant date. On May 22, 2003, Mr. Wachter was granted options to purchase 1,846 shares of common stock, 738 have been exercised and the remaining 1,108 will vest equally over the next two anniversarys of the grant date.
- [F2]On May 20, 2004, Mr. Wachter was grated options to purchase 1,108 shares of common stock, with 20% of the options vesting on the grant date and the remaining shares vesting 20% on each subsequent anniversary of the grant date. On April 1, 2005, Mr. Wachter was grated options to purchase 1,108 shares of common stock, with 20% of the options vesting on the grant date and the remaining shares vesting 20% on each subsequent anniversary of the grant date. On April 29, 2005, Mr. Wachter was grated options to purchase 8,043 shares of common stock, with 33 1/3% of the options vesting on the grant date and the remaining shares vesting 33 1/3% on each subsequent anniversary of the grant date.