ODonnell Shawn Francis 4
4 · ARBINET Corp · Filed Apr 2, 2010
Insider Transaction Report
Form 4
ARBINET CorpARBX
ODonnell Shawn Francis
DirectorCEO and President
Transactions
- Award
Common Stock
2010-04-01+60,000→ 72,346 total - Award
Stock Option (Right to Buy)
2010-04-01+150,000→ 150,000 totalExercise: $2.05Exp: 2020-04-01→ Common Stock (150,000 underlying)
Footnotes (2)
- [F1]Includes (a) 60,000 restricted stock units which vest in equal parts on each of April 1, 2011, April 1, 2012 and April 1, 2013; (b) 4,666 shares of restricted stock which vest in equal parts on June 19, 2010 and June 19, 2011; (c) 2,333 restricted stock units which vest on August 21, 2010; and (d) 5,347 shares of common stock held by Mr. O'Donnell.
- [F2]Twenty-five percent of the shares subject to the option vest on April 1, 2011, and the remainder of the shares vest monthly thereafter, in equal installments, until April 1, 2014.