4//SEC Filing
PRIMUS TELECOMMUNICATIONS GROUP INC 4
Accession 0001104659-07-049795
$VATECIK 0001006837operating
Filed
Jun 24, 8:00 PM ET
Accepted
Jun 25, 6:24 PM ET
Size
12.2 KB
Accession
0001104659-07-049795
Insider Transaction Report
Form 4
Transactions
- Sale
Common Stock, par value $0.01 per share
2007-06-20$1.03/sh−300,000$309,000→ 7,970,004 total - Sale
Common Stock, par value $0.01 per share
2007-06-21$1.04/sh−10,000$10,400→ 7,860,004 total - Sale
Common Stock, par value $0.01 per share
2007-06-21$1.03/sh−100,000$103,250→ 7,870,004 total
Footnotes (3)
- [F1]Sales were made by AIG Global Sports and Entertainment Fund, L.P. ("AIGGSEF"), a Cayman Islands exempted limited partnership, having its principal office at Ugland House, South Church Street, George Town, Grand Cayman, Cayman Islands, pursuant to a Rule 10b5-1 plan ("Plan") adopted on May 21, 2007 and amended on May 31, 2007. The adoption of the Plan was reported in the issuer's Form 8-K filed on May 24, 2007.
- [F2]The other parties to the Plan (aside from the broker handling the trades) are AIG Global Emerging Markets Fund, L.L.C. ("AIGGEM"), a Delaware limited liability company, having its principal office at 599 Lexington Avenue, 24th Floor, New York, NY 10022; and GEM Parallel Fund, L.P. ("GEM Parallel"), a Delaware limited partnership, having its principal office at 599 Lexington Avenue, 24th Floor, New York, NY 10022 ("AIGGSEF, AIGGEM, and GEM Parallel, collectively, the "Funds").
- [F3]Pursuant to the Plan, AIGGEM sold 271,200 shares on June 20, 2007 at $ 1.03; 90,400 shares on June 21, 2007, at $ 1.03 and 9,040 shares on June 21, 2007 at $ 1.04, leaving it owning a balance of 7,107,916 shares on June 21, 2007, after such sales. In addition, pursuant to the Plan, GEM Parallel Fund sold 28,800 shares on June 20, 2007 at $ 1.03; 9,600 shares on June 21, 2007 at $ 1.03 and 960 shares on June 21, 2007 at $ 1.04, leaving it with a balance of 752,088 shares on June 21, 2007, after such sales. AIGGSEF anticipates that AIGGEM and GEM Parallel will file separate reports concerning the trades set forth above.
Documents
Issuer
PRIMUS TELECOMMUNICATIONS GROUP INC
CIK 0001006837
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001006837
Filing Metadata
- Form type
- 4
- Filed
- Jun 24, 8:00 PM ET
- Accepted
- Jun 25, 6:24 PM ET
- Size
- 12.2 KB