DRESSER SCOTT 4
4 · VIRGIN MEDIA INC. · Filed Feb 1, 2012
Insider Transaction Report
Form 4
DRESSER SCOTT
SECRETARY & GENERAL COUNSEL
Transactions
- Award
Stock Option (Right to Buy)
2012-01-27+19,380→ 19,380 totalExercise: $24.34Exp: 2022-01-26→ Common Stock (19,380 underlying)
Footnotes (3)
- [F1]This option was granted under the Company's 2010 Stock Incentive Plan, as part of its 2012/2014 Long-Term Incentive Program. Separately (and not required to be reported on this Form 4), Mr. Dresser was also granted 29,070 restricted stock units, vesting of which is contingent upon (i) the satisfaction of performance goals in respect of the period beginning January 1, 2012 and ending on December 31, 2014; and (ii) continued employment through to the settlement date.
- [F2]This option will vest as to 20% of the shares on January 1, 2013 and as to an additional 20% on each January 1 thereafter until fully vested.
- [F3]Not applicable.