GLOBAL TRAFFIC NETWORK, INC. 4
4 · GLOBAL TRAFFIC NETWORK, INC. · Filed Sep 12, 2008
Insider Transaction Report
Form 4
SHULMAN IVAN N
EVP & Director of Int'l Sales
Transactions
- Exercise/Conversion
Common Stock
2008-09-11$4.66/sh+16,600$77,356→ 31,600 total - Exercise/Conversion
Stock Options (right to buy)
2008-09-11−16,600→ 33,400 totalExercise: $4.66Exp: 2016-12-08→ Common Stock (16,600 underlying) - Tax Payment
Common Stock
2008-09-11$9.81/sh−9,754$95,687→ 21,846 total
Holdings
- 50,000
Stock Options (right to buy)
Exercise: $6.28Exp: 2016-05-08→ Common Stock (50,000 underlying)
Footnotes (4)
- [F1]Includes 15,000 shares which was a grant of restricted stock pursuant to Rule 16b-3; subject to certain contingencies. 5,000 shares vest on each of 3/12/2009, 3/12/2010 and 3/12/2011.
- [F2]Options vest as follows: 16,667 shares vest on each of 5/8/07 and 5/8/08; 16,666 shares vest on 5/8/09.
- [F3]Options vest as follows: 16,667 shares vest on each of 12/8/07 and 12/8/08; 16,666 shares vest on 12/8/09.
- [F4]Options vest as follows: 16,667 shares vest on each of 5/8/08 and 5/8/09; 16,666 shares vest on 5/8/10.