SIMMONS STEVEN 4
4 · VIRGIN MEDIA INC. · Filed Dec 13, 2011
Insider Transaction Report
Form 4
SIMMONS STEVEN
Director
Transactions
- Exercise/Conversion
COMMON STOCK
2011-12-12$11.99/sh+42,980$515,330→ 50,480 total - Exercise/Conversion
STOCK OPTION (Right to Buy)
2011-12-12−62,500→ 0 totalExercise: $15.93Exp: 2020-06-08→ COMMON STOCK (62,500 underlying) - Exercise/Conversion
COMMON STOCK
2011-12-12$15.93/sh+62,500$995,625→ 112,980 total - Tax Payment
COMMON STOCK
2011-12-12$21.05/sh−21,534$453,291→ 91,446 total - Exercise/Conversion
STOCK OPTION (Right to Buy)
2011-12-12−42,980→ 0 totalExercise: $11.99Exp: 2018-07-07→ COMMON STOCK (42,980 underlying)
Footnotes (4)
- [F1]The company entered into a net issuance transaction with Mr. Simmons whereby 21,534 shares with a value equal to 30% of the aggregate option cost were withheld from the exercised options reported above. The remaining 70% of the option cost was paid in cash. THIS IS NOT A SALE OF SHARES TO THE OPEN MARKET.
- [F2]These options vested in full on March 16, 2009
- [F3]These options vested in full on June 9, 2011
- [F4]Not Applicable