Heap Steven 4
4 · ARBINET Corp · Filed Apr 2, 2010
Insider Transaction Report
Form 4
ARBINET CorpARBX
Heap Steven
Chief Technology Officer
Transactions
- Award
Common Stock
2010-04-01+15,000→ 42,523 total - Tax Payment
Common Stock
2010-02-18$2.18/sh−451$983→ 30,747 total - Tax Payment
Common Stock
2010-02-28$2.17/sh−3,224$6,996→ 27,523 total - Award
Stock Option (Right to Buy)
2010-04-01+37,500→ 37,500 totalExercise: $2.05Exp: 2020-04-01→ Common Stock (37,500 underlying)
Footnotes (2)
- [F1]Includes (a) 15,000 restricted stock units which vest in three equal parts on each of April 1, 2011, April 1, 2012 and April 1, 2013; (b) 1,175 shares of restricted stock which vest on February 18, 2011; and (c) 26,348 shares of common stock held by Mr. Heap.
- [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.