4//SEC Filing
PSINET CONSULTING SOLUTIONS INC 4
Accession 0001106995-00-000003
CIK 0001000366operating
Filed
Jul 9, 8:00 PM ET
Accepted
—
Size
10.9 KB
Accession
0001106995-00-000003
Insider Transaction Report
Form 4
No transactions or holdings reported in this filing.
Footnotes (5)
- [1]Disposed of pursuant to merger agreememt between issuer and PSINet Incorporated in exchange for 450 shares of PSINet Common Stock having a market value of $30.13 per share on the effective date of the merger.
- [2]This option which provided for vesting in five equal annual installments beginning December 19, 1998, was assumed by PSINet in the merger and replaced with an option to purchase 4,500 shares of PSINet common stock for $25.417 per share. This option is fully vested.
- [3]This option which provided for vesting in five equal annual installments beginning March 4, 2000, was assumed by PSINet in the merger and replaced with an option to purchase 13,500 shares of PSINet common stock for $17.744 per share. Vesting is monthly in the amount of 1/60 per month through the first four years of the option period. At the end of the fourth year, the remaining 12/60 will automatically accelerate and fully vest.
- [4]This option which provided for vesting in five equal annual installments beginning June 22, 2000, was assumed by PSINet in the merger and replaced with an option to purchase 13,500 shares of PSINet common stock for $22.847 per share. Vesting is monthly in the amount of 1/60 per month through the first four years of the option period. At the end of the fourth year, the remaining 12/60 will automatically accelerate and fully vest.
- [5]This option which provided for vesting in three equal annual installments beginning March 13, 2001, was assumed by PSINet in the merger and replaced with an option to purchase 4,500 shares of PSINet comon stock for $20.139 per share. Vesting is monthly in the amount of 1/36 per month.
Documents
Issuer
PSINET CONSULTING SOLUTIONS INC
CIK 0001000366
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001000366
Filing Metadata
- Form type
- 4
- Filed
- Jul 9, 8:00 PM ET
- Size
- 10.9 KB