4//SEC Filing
IBASIS INC 4
Accession 0001104659-09-071346
CIK 0001091756operating
Filed
Dec 22, 7:00 PM ET
Accepted
Dec 23, 3:48 PM ET
Size
26.3 KB
Accession
0001104659-09-071346
Insider Transaction Report
Form 4
IBASIS INCIBAS
GNEEZY OFER
DirectorPresident/CEO
Transactions
- Sale
Common Stock
2009-12-21$3.00/sh−1,381,288$4,143,864→ 0 total - Disposition to Issuer
Employee Stock Option
2009-12-21$2.08/sh−140,000$291,200→ 0 totalExercise: $0.92Exp: 2019-02-05→ Common Stock (140,000 underlying) - Disposition to Issuer
Employee Stock Option
2009-12-21$1.50/sh−23,984$35,976→ 0 totalExercise: $1.50Exp: 2011-11-15→ Common Stock (23,984 underlying) - Disposition to Issuer
Employee Stock Option
2009-12-21$1.17/sh−15,518$18,156→ 0 totalExercise: $1.83Exp: 2013-08-11→ Common Stock (15,518 underlying) - Disposition to Issuer
Employee Stock Option
2009-12-21$0.79/sh−42,045$33,216→ 0 totalExercise: $2.21Exp: 2013-08-11→ Common Stock (42,045 underlying) - Disposition to Issuer
Employee Stock Option
2009-12-21−1,198→ 0 totalExercise: $4.42Exp: 2014-09-14→ Common Stock (1,198 underlying) - Disposition to Issuer
Employee Stock Option
2009-12-21−120,000→ 0 totalExercise: $4.51Exp: 2018-02-26→ Common Stock (120,000 underlying) - Sale
Common Stock
2009-12-21$3.00/sh−16,667$50,001→ 0 total(indirect: See Footnote) - Disposition to Issuer
Employee Stock Option
2009-12-21−38,376→ 0 totalExercise: $4.54Exp: 2016-03-29→ Common Stock (38,376 underlying) - Disposition to Issuer
Employee Stock Option
2009-12-21−17,990→ 0 totalExercise: $4.90Exp: 2014-09-14→ Common Stock (17,990 underlying) - Disposition to Issuer
Employee Stock Option
2009-12-21−19,188→ 0 totalExercise: $30.96Exp: 2010-05-25→ Common Stock (19,188 underlying)
Footnotes (3)
- [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]Shares of Common stock held by The Ofer Gneezy 1999 Family Trust for the benefit of Mr. Gneezy's children. Mr. Gneezy disclaims beneficial ownership of the shares held by The Ofer Gneezy 1999 Family Trust.
- [F3]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.
Documents
Issuer
IBASIS INC
CIK 0001091756
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001091756
Filing Metadata
- Form type
- 4
- Filed
- Dec 22, 7:00 PM ET
- Accepted
- Dec 23, 3:48 PM ET
- Size
- 26.3 KB