Vistula Communications Services, Inc. 4
4 · Vistula Communications Services, Inc. · Filed Feb 7, 2007
Insider Transaction Report
Form 4
Galliers-Pratt Rupert
DirectorChairman, CEO and President10% Owner
Transactions
- Award
Stock Option (right to buy)
2007-02-05+200,000→ 200,000 total(indirect: See footnote)Exercise: $0.32Exp: 2017-02-05→ Common Stock (200,000 underlying)
Footnotes (3)
- [F1]The option is immediately exercisable with respect to 50,000 of the total shares purchasable thereunder. The option will vest and become exercisable with respect to the remaining shares in three equal installments of 50,000 shares beginning on the first anniversary of the date of grant and thereafter on each subsequent anniversary of the grant date until fully vested.
- [F2]Not applicable.
- [F3]Represents a stock option granted to Executive Management Services Limited. Mr. Galliers-Pratt has indirect voting and investment power over the shares of common stock underlying the option.