4//SEC Filing
BLANCHARD ROBERT A 4
Accession 0001108890-03-000312
CIK 0000799694other
Filed
Sep 16, 8:00 PM ET
Accepted
Sep 17, 5:10 PM ET
Size
13.4 KB
Accession
0001108890-03-000312
Insider Transaction Report
Form 4
BESTNET COMMUNICATIONS CORPBESC.OB
BLANCHARD ROBERT A
DirectorPresident & CEO
Transactions
- Award
Stock Options (2) (right to buy)
2003-09-15$0.52/sh+100,000$52,000→ 300,000 totalExercise: $0.52From: 2004-09-15Exp: 2013-09-15→ Common Stock (100,000 underlying) - Award
Stock Options (2) (3) (right to buy)
2003-09-15$0.52/sh+200,000$104,000→ 700,000 totalExercise: $0.52From: 2003-09-15Exp: 2013-09-15→ Common Stock (200,000 underlying) - Award
Stock Options(1) (2) right to buy
2003-09-15$2.90/sh−475,000$1,377,500→ 200,000 totalExercise: $2.90From: 2001-06-19Exp: 2011-06-19→ Common Stock (475,000 underlying)
Footnotes (3)
- [F1](1) On September 15, 2003 the options were cancelled by mutual agreement between the reporting person and the Compensation Committee of BestNet Communications Corp.
- [F2](2) Per review of executive contacts by the Compensation Committee comprised of independent directors of BestNet Communications Corp. The following options reflect options involved in the existing employment contract and a two year extension.
- [F3](3) These options shall vest, if at all, upon achieving positive earnings per share for an entire fiscal year.
Documents
Issuer
BESTNET COMMUNICATIONS CORP
CIK 0000799694
Entity typeother
Related Parties
1- filerCIK 0001158448
Filing Metadata
- Form type
- 4
- Filed
- Sep 16, 8:00 PM ET
- Accepted
- Sep 17, 5:10 PM ET
- Size
- 13.4 KB