Powdermaker Dan 4
4 · ARBINET Corp · Filed Apr 2, 2010
Insider Transaction Report
Form 4
ARBINET CorpARBX
Powdermaker Dan
Senior Vice President
Transactions
- Award
Common Stock
2010-04-01+18,000→ 18,000 total - Award
Stock Option (Right to Buy)
2010-04-01+45,000→ 45,000 totalExercise: $2.05Exp: 2020-04-01→ Common Stock (45,000 underlying)
Footnotes (2)
- [F1]Represents 18,000 restricted stock units which vest in three equal parts on each of April 1, 2011, April 1, 2012 and April 1, 2013.
- [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.