Home/Filings/4/0001104659-09-071346
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
Period: 2009-12-21
GNEEZY OFER
DirectorPresident/CEO
Transactions
  • Sale

    Common Stock

    2009-12-21$3.00/sh1,381,288$4,143,8640 total
  • Disposition to Issuer

    Employee Stock Option

    2009-12-21$2.08/sh140,000$291,2000 total
    Exercise: $0.92Exp: 2019-02-05Common Stock (140,000 underlying)
  • Disposition to Issuer

    Employee Stock Option

    2009-12-21$1.50/sh23,984$35,9760 total
    Exercise: $1.50Exp: 2011-11-15Common Stock (23,984 underlying)
  • Disposition to Issuer

    Employee Stock Option

    2009-12-21$1.17/sh15,518$18,1560 total
    Exercise: $1.83Exp: 2013-08-11Common Stock (15,518 underlying)
  • Disposition to Issuer

    Employee Stock Option

    2009-12-21$0.79/sh42,045$33,2160 total
    Exercise: $2.21Exp: 2013-08-11Common Stock (42,045 underlying)
  • Disposition to Issuer

    Employee Stock Option

    2009-12-211,1980 total
    Exercise: $4.42Exp: 2014-09-14Common Stock (1,198 underlying)
  • Disposition to Issuer

    Employee Stock Option

    2009-12-21120,0000 total
    Exercise: $4.51Exp: 2018-02-26Common Stock (120,000 underlying)
  • Sale

    Common Stock

    2009-12-21$3.00/sh16,667$50,0010 total(indirect: See Footnote)
  • Disposition to Issuer

    Employee Stock Option

    2009-12-2138,3760 total
    Exercise: $4.54Exp: 2016-03-29Common Stock (38,376 underlying)
  • Disposition to Issuer

    Employee Stock Option

    2009-12-2117,9900 total
    Exercise: $4.90Exp: 2014-09-14Common Stock (17,990 underlying)
  • Disposition to Issuer

    Employee Stock Option

    2009-12-2119,1880 total
    Exercise: $30.96Exp: 2010-05-25Common 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

1 file

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