4//SEC Filing
Preston Benjamin R 4
Accession 0001140361-09-007451
CIK 0001041858other
Filed
Mar 17, 8:00 PM ET
Accepted
Mar 18, 4:25 PM ET
Size
10.3 KB
Accession
0001140361-09-007451
Insider Transaction Report
Form 4
RCN CORP /DE/RCNI
Preston Benjamin R
SVP & General Counsel
Transactions
- Award
Common Stock
2008-03-14+16,652→ 19,192 total - Tax Payment
Common Stock
2009-02-26−3,583→ 14,777 total - Disposition to Issuer
Common Stock
2009-02-26−166→ 18,360 total - Disposition to Issuer
Common Stock
2009-02-26−666→ 18,526 total
Footnotes (3)
- [F1]On March 14, 2008 the reporting person was granted 16,652 Restricted Stock Units ("RSU's") pursuant to the RCN Stock Compensation Plan. The RSU's are subject to adjustment based on pre-determined financial performance criteria for fiscal year 2008 established by RCN's Board of Directors, and will vest in three equal amounts on February 26, 2009, June 1, 2010 and June 1, 2011.
- [F2]Represents RSU's forfeited in relation to the 2008 performance criteria noted above.
- [F3]Represents shares of restricted stock from a 2007 performance-based grant which were forfeited in relation to 2008 perforamnce criteria.
Documents
Issuer
RCN CORP /DE/
CIK 0001041858
Entity typeother
Related Parties
1- filerCIK 0001358789
Filing Metadata
- Form type
- 4
- Filed
- Mar 17, 8:00 PM ET
- Accepted
- Mar 18, 4:25 PM ET
- Size
- 10.3 KB