ARBINET Corp 4
4 · ARBINET Corp · Filed Mar 2, 2011
Insider Transaction Report
Form 4
ARBINET CorpARBX
REYMANN DAVID C
Director
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2011-02-28−6,250→ 0 totalExercise: $7.60Exp: 2019-01-28→ Common Stock (6,250 underlying)
Footnotes (2)
- [F1]Includes the effect of a 1-for-4 reverse stock split, which was effected on June 11, 2010, upon the reporting person's stock option.
- [F2]This option was vested as to 4,166 shares prior to Arbinet Corporation's ("Arbinet") merger with Primus Telecommunications Group, Incorporated ("Primus") and vested as to the remaining 2,084 shares upon the effective time of the merger on February 28, 2011. This option was assumed by Primus in the merger and was replaced with an option to purchase 3,635 shares of Primus common stock with an exercise price of $13.07 per share.