Home/Filings/4/0001179110-06-012876
4//SEC Filing

Smith Richard Allen Jr 4

Accession 0001179110-06-012876

CIK 0001110507other

Filed

Jun 7, 8:00 PM ET

Accepted

Jun 8, 8:20 AM ET

Size

12.5 KB

Accession

0001179110-06-012876

Insider Transaction Report

Form 4
Period: 2006-06-06
Smith Richard Allen Jr
President and CEO
Transactions
  • Exercise/Conversion

    Common Stock

    2006-06-06$0.68/sh+15,000$10,20015,000 total
  • Exercise/Conversion

    Common Stock Options

    2006-06-06$0.68/sh1,721$1,17013,041 total
    Exercise: $0.68From: 2003-05-22Exp: 2013-05-22Common Stock (1,721 underlying)
  • Sale

    Common Stock

    2006-06-06$15.70/sh15,000$235,5090 total
  • Exercise/Conversion

    Common Stock Options

    2006-06-06$0.68/sh13,279$9,03060,251 total
    Exercise: $0.68From: 2003-02-07Exp: 2013-02-07Common Stock (13,279 underlying)
Footnotes (4)
  • [F1]Transaction takes place under the restrictions of a 10b5-1 trading plan. A 10b5-1 plan enables an insider to establish a program to make transactions according to an advance plan. Such a program allows an insider to continue with planned transactions even if he comes into possession of material non-public information.
  • [F2]On June 6, 2006, Mr. Smith exercised and sold 15,000 common stock options.
  • [F3]On February 7, 2003, Mr. Smith was granted options to purchase 168,530 shares of common stock - 13,279 were exercised and sold in these transactions, 95,000 shares were exercised and sold in previous transactions, 36,634 shares are fully vested and the remaining 23,617 shares will vest on February 7, 2007. On May 22, 2003, Mr. Smith was granted options to purchase 14,762 shares of common stock - 1,721 were exercised and sold in this transaction, 10,088 are vested and the remaining 2,953 will vest on March 22, 2007. On May 20, 2004, Mr. Smith was granted options to purchase 11,071 shares of common stock - 6,642 are vested and the remaining 4,429 will vest equally on the next two anniversary dates. On April 1, 2005, Mr. Smith was granted options to purchase 5,536 shares of common stock - 2,214 are vested and the remaining 3,322 will vest equally on the next three anniversary dates.
  • [F4]On April 29, 2005, Mr. Smith was granted options to purchase 65,414 shares of common stock - 43,610 are vested and the remaining 21,804 will vest on April 29, 2007. On August 18, 2005, Mr. Smith was granted options to purchase 25,000 shares of common stock - 5,000 are vested and the remaining 20,000 will vest equally on the next four anniversary dates.

Issuer

ESCHELON TELECOM INC

CIK 0001110507

Entity typeother

Related Parties

1
  • filerCIK 0001294921

Filing Metadata

Form type
4
Filed
Jun 7, 8:00 PM ET
Accepted
Jun 8, 8:20 AM ET
Size
12.5 KB