ITC DELTACOM INC 4
4 · ITC DELTACOM INC · Filed May 16, 2006
Insider Transaction Report
Form 4
ITC DELTACOM INCITCD
FISH RICHARD EDWARD JR
EVP & Chief Financial Officer
Transactions
- Purchase
Common Stock
2006-05-16$1.65/sh+6,400$10,560→ 352,235 total - Purchase
Common Stock
2006-05-16$1.58/sh+1,100$1,738→ 345,835 total
Footnotes (1)
- [F1]On September 13, 2005, the Issuer consummated a one-for-three reverse split of the common stock, which resulted in a reduction in the reporting person's commom stock holdings by 689,469 shares. Of the shares shown, 344,735 shares are subject to vesting conditions. Pursuant to the vesting conditions, 60% vest ratably over three years from February 21, 2005 based on continued employment and 40% will vest based on achievement of performance objectives. Delivery of these 344,753 shares is subject to such vesting conditions and to a deferral election made by the Reporting Person.