4//SEC Filing
IBASIS INC 4
Accession 0001104659-07-047745
CIK 0001091756operating
Filed
Jun 13, 8:00 PM ET
Accepted
Jun 14, 4:06 PM ET
Size
23.0 KB
Accession
0001104659-07-047745
Insider Transaction Report
Form 4
IBASIS INCIBAS
VANDERBRUG GORDON
DirectorExecutive Vice President
Transactions
- Disposition to Issuer
Common Stock Option
2007-06-12−12,501→ 833 totalExercise: $6.36Exp: 2014-09-14→ Common Stock (12,501 underlying) - Disposition to Issuer
Common Stock Option
2007-06-12+20,000→ 12,501 totalExercise: $7.14Exp: 2014-09-14→ Common Stock (12,501 underlying) - Disposition to Issuer
Common Stock Option
2007-06-12−27,500→ 12,500 totalExercise: $2.64Exp: 2013-08-11→ Common Stock (27,500 underlying) - Award
Common Stock Option
2007-06-12+27,500→ 27,500 totalExercise: $3.18Exp: 2013-08-11→ Common Stock (27,500 underlying)
Footnotes (6)
- [F1]The Reporting Person has voluntarily amended a common stock option agreement reflecting an August 11, 2003 grant for 40,000 shares at an exercise price of $2.64. The amendment provides that effective as of December 29, 2006, the exercise price for the portion of the option that vests on or after January 1, 2005 - 27,500 shares - has been increased from $2.64 to $3.18. For Section 16(a) purposes, the Reporting Person is reporting this amendment as a cancellation of the affected portion of the original option and the grant of a replacement option. The Reporting Person received no consideration in connection with this amendment.
- [F2]The 12,500 shares vesting prior to January 1, 2005 vested in five equal quarterly installments of 2,500 shares, commencing on November 11, 2003 and ending on November 11, 2004.
- [F3]Vests in eleven equal quarterly installments of 2,500 shares, commencing on February 11, 2005.
- [F4]The Reporting Person has voluntarily amended a common stock option agreement reflecting a September 14, 2004 grant for 13,334 shares at an exercise price of $6.36. The amendment provides that effective as of December 29, 2006, the exercise price for the portion of the option that vests on or after January 1, 2005 - 12,501 shares - has been increased from $6.36 to $7.05. For Section 16(a) purposes, the Reporting Person is reporting this amendment as a cancellation of the affected portion of the original option and the grant of a replacement option. The Reporting Person received no consideration in connection with this amendment.
- [F5]The 833 shares vesting prior to January 1, 2005 vested on December 14, 2004.
- [F6]Vests in fifteen equal quarterly installments of 833 shares, commencing on March 14, 2005.
Documents
Issuer
IBASIS INC
CIK 0001091756
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001091756
Filing Metadata
- Form type
- 4
- Filed
- Jun 13, 8:00 PM ET
- Accepted
- Jun 14, 4:06 PM ET
- Size
- 23.0 KB