IBASIS INC 4
4 · IBASIS INC · Filed Dec 23, 2009
Insider Transaction Report
Form 4
IBASIS INCIBAS
FLYNN MARK S
Chief Legal Officer & Corp Sec
Transactions
- Sale
Common Stock
2009-12-21$3.00/sh−2,500$7,500→ 0 total - Disposition to Issuer
Employee Stock Option
2009-12-21−25,000→ 0 totalExercise: $4.51Exp: 2018-02-26→ Common Stock (25,000 underlying) - Disposition to Issuer
Employee Stock Option
2009-12-21$2.08/sh−70,000$145,600→ 0 totalExercise: $0.92Exp: 2019-02-05→ Common Stock (70,000 underlying) - Disposition to Issuer
Employee Stock Option
2009-12-21−71,954→ 0 totalExercise: $6.78Exp: 2017-02-15→ Common Stock (71,954 underlying)
Footnotes (2)
- [F1]Disposed pursuant to the tender offer (the "Tender Offer") of KPN B.V., Koninklijke KPN N.V., and Celtic ICS Inc. to purchase the shares of common stock of iBasis, Inc. at a purchase price of $3.00 per share of common stock (the "Offer Price").
- [F2]At the acceptance date of the Tender Offer, this option vested in full and was cancelled in exchange for a cash amount equal to the excess of $3.00, the Offer Price per share, over the exercise price of this option.