4//SEC Filing
VIRGIN MEDIA INC. 4
Accession 0001140361-13-024944
CIK 0001270400operating
Filed
Jun 10, 8:00 PM ET
Accepted
Jun 11, 8:38 PM ET
Size
17.7 KB
Accession
0001140361-13-024944
Insider Transaction Report
Form 4
RIGSBY JOHN N
Director
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2013-06-07−62,500→ 0 totalExercise: $15.93Exp: 2020-06-08→ Common Stock (62,500 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2013-06-07−40,000→ 0 totalExercise: $23.14Exp: 2021-10-03→ Common Stock (40,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2013-06-07−40,000→ 0 totalExercise: $23.24Exp: 2022-06-11→ Common Stock (40,000 underlying) - Disposition to Issuer
Common Stock
2013-06-07−18,419→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2013-06-07−25,000→ 0 totalExercise: $8.67Exp: 2019-06-09→ Common Stock (25,000 underlying) - Disposition to Issuer
Phantom Stock Units
2013-06-07−6,121.1→ 0 total→ Phantom Stock (6,121.1 underlying)
Footnotes (4)
- [F1]Disposed of in exchange for shares of a new parent company, Liberty Global plc ("LG plc"), upon consummation of the combination of Virgin Media Inc. ("Virgin Media") and Liberty Global, Inc. under LG plc (the "Merger") pursuant to that certain agreement and plan of merger dated as of February 5, 2013, as amended, at an exchange rate of one share of common stock of Virgin Media Inc. for 0.2582 of a Class A LG plc ordinary share and 0.1928 of a Class C LG plc ordinary share and $17.50 in cash. The exercise price of such converted shares was adjusted accordingly.
- [F2]The option had become fully exercisable prior to the Merger and was exchanged upon the Merger for two options, the first exercisable for 0.4123 of a Class A LG plc ordinary share and the second exercisable for 0.3077 of a Class C LG plc ordinary share, in each case multiplied by the number of Virgin Media shares of common stock for which the Virgin Media option was exercisable. The exercise price of such converted options was adjusted accordingly.
- [F3]The option vested and became fully exercisable upon the Merger and was exchanged for two options, the first exercisable for 0.4123 of a Class A LG plc ordinary share and the second exercisable for 0.3077 of a Class C LG plc ordinary share, in each case multiplied by the number of Virgin Media shares of common stock for which the Virgin Media option was exercisable. The exercise price of such converted options was adjusted accordingly.
- [F4]Each phantom stock unit credited was exchanged upon the Merger for a right to receive from LG plc a cash payment equal to the Fair Market Value of the account balance as of the day preceding the distribution.
Documents
Issuer
VIRGIN MEDIA INC.
CIK 0001270400
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001270400
Filing Metadata
- Form type
- 4
- Filed
- Jun 10, 8:00 PM ET
- Accepted
- Jun 11, 8:38 PM ET
- Size
- 17.7 KB