MOONEY JAMES F 4
4 · VIRGIN MEDIA INC. · Filed Jan 5, 2011
Insider Transaction Report
Form 4
MOONEY JAMES F
DirectorChairman
Transactions
- Award
Stock Option (Right To Buy)
2011-01-04+27,226→ 27,226 totalExercise: $26.79Exp: 2021-01-03→ Common Stock (27,226 underlying)
Footnotes (3)
- [F1]Mr. Mooney's role transitioned from Executive Chairman to non-executive on January 1, 2011. Consequently, Mr. Mooney will no longer receive executive incentive awards; instead he will receive non-executive awards in line with previously approved compensation arrangements for the Company's board of directors.
- [F2]On January 4, 2011, Mr. Mooney was granted an option to purchase 27,226 shares of the Company's common stock at an exercise price of $26.79 per share. The next grant date will be on or around June 7, 2011 and Mr. Mooney's above award represents a pro-rata amount of the full year award granted to each non-executive director for the year ending June 9, 2011.
- [F3]This option will become fully vested on June 9, 2011, or earlier in certain limited circumstances.