Lochmueller Stephen M. 4
4 · Lightyear Network Solutions, Inc. · Filed Dec 30, 2011
Insider Transaction Report
Form 4
Lochmueller Stephen M.
President
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy)
2011-12-28−150,000→ 0 totalExercise: $1.25Exp: 2020-05-18→ Common Stock, $0.001 par value (150,000 underlying)
Footnotes (2)
- [F1]The option was originally issued on May 19, 2010 and provided for vesting in three equal annual installments.
- [F2]The option was terminated by mutual agreement of the reporting person and Lightyear Network Solutions, Inc. The reporting person received $1.00 as consideration for the termination.