PRIMUS TELECOMMUNICATIONS GROUP INC 4
4 · PRIMUS TELECOMMUNICATIONS GROUP INC · Filed Jun 25, 2007
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.