DRESSER SCOTT 4
4 · VIRGIN MEDIA INC. · Filed Feb 2, 2011
Insider Transaction Report
Form 4
DRESSER SCOTT
SECRETARY & GENERAL COUNSEL
Transactions
- Award
Stock Option (Right To Buy)
2011-01-28+18,797→ 18,797 totalExercise: $25.31Exp: 2021-01-27→ Common Stock (18,797 underlying)
Footnotes (2)
- [F1]This option was granted under the Company's 2010 Stock Incentive Plan, as part of its 2011/2013 Long-Term Incentive Program. Separately (and not required to be reported on this form), Mr. Dresser was also granted 28,195 restricted stock units, vesting of which is contingent upon (i) satisfaction of performance goals in respect of the period beginning January 1, 2011 and ending on December 31, 2013; and (ii) continued employment through to the settlement date.
- [F2]This option will vest as to 20% of the shares on January 1, 2012 and as to an additional 20% on each January 1 thereafter until fully vested.