Heap Steven 4/A
4/A · ARBINET Corp · Filed Jul 29, 2009
Insider Transaction Report
Form 4/AAmended
ARBINET CorpARBX
Heap Steven
Chief Technology Officer
Transactions
- Award
Common Stock
2009-02-18+3,523→ 39,800 total - Award
Stock Appreciation Rights
2009-02-18+35,000→ 35,000 totalExercise: $1.63From: 2009-02-18Exp: 2019-02-18→ Common Stock (35,000 underlying) - Tax Payment
Common Stock
2009-02-18$1.63/sh−379$618→ 39,421 total
Footnotes (2)
- [F1]Includes (a) 2,349 shares of restricted stock which vest in equal installments on each of February 18, 2010 and February 18, 2011; (b) 16,782 restricted stock units which vest in equal installments over a three-year period with the first installment having vested on February 29, 2008; and (c) 20,290 shares of common stock held by Mr. Heap.
- [F2]The stock appreciation rights vest monthly, in equal installments, over the four years following the date of grant.