Greive John 4
4 · Lightyear Network Solutions, Inc. · Filed Jul 20, 2011
Insider Transaction Report
Form 4
Greive John
V.P. of Regulatory Affairs
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy)
2011-07-19−62,500→ 0 totalExercise: $3.90Exp: 2020-05-18→ Common Stock (62,500 underlying) - Award
Employee Stock Option (right to buy)
2011-07-19+62,500→ 62,500 totalExercise: $1.25Exp: 2020-05-18→ Common Stock (62,500 underlying)
Footnotes (1)
- [F1]The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on May 19, 2010 and provides for vesting in three equal annual installments commencing on May 19, 2011.