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4//SEC Filing

IBASIS INC 4

Accession 0001104659-07-047747

CIK 0001091756operating

Filed

Jun 13, 8:00 PM ET

Accepted

Jun 14, 4:07 PM ET

Size

23.2 KB

Accession

0001104659-07-047747

Insider Transaction Report

Form 4
Period: 2007-06-12
FLOYD PAUL H
Sr. VP Global Products
Transactions
  • Disposition to Issuer

    Common Stock Option

    2007-06-1222,91810,416 total
    Exercise: $2.64Exp: 2013-08-11Common Stock (22,918 underlying)
  • Disposition to Issuer

    Common Stock Option

    2007-06-1212,501833 total
    Exercise: $6.36Exp: 2014-09-14Common Stock (12,501 underlying)
  • Disposition to Issuer

    Common Stock Option

    2007-06-12+20,00012,501 total
    Exercise: $7.14Exp: 2014-09-14Common Stock (12,501 underlying)
  • Award

    Common Stock Option

    2007-06-12+22,91822,918 total
    Exercise: $3.18Exp: 2013-08-11Common Stock (22,918 underlying)
Footnotes (6)
  • [F1]The Reporting Person has voluntarily amended a common stock option agreement reflecting an August 11, 2003 grant for 33,334 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 - 22,918 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 10,416 shares vesting prior to January 1, 2005 vested in five equal quarterly installments of 2,083 shares, commencing on November 11, 2003 and ending on November 11, 2004.
  • [F3]Vests in eleven equal quarterly installments of 2,083 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.

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, 4:07 PM ET
Size
23.2 KB