WOROBOW GARY L 4
4 · GLOBAL TRAFFIC NETWORK, INC. · Filed Mar 2, 2009
Insider Transaction Report
Form 4
WOROBOW GARY L
EVP, Business & Legal Affairs
Transactions
- Award
Common stock
2009-02-26+20,000→ 40,000 total
Holdings
- 50,000
Stock Options
Exercise: $4.66Exp: 2016-12-08→ Common Stock (50,000 underlying)
Footnotes (4)
- [F1]Grant of restricted stock. Restrictions lapse as to 6,667 shares on February 26, 2010 and 2011, and as to 6,666 shares on February 26, 2012.
- [F2]In addition to the current grant, includes a prior grant of restricted stock, with restrictions that lapsed as to 6,667 shares on February 20, 2009 and with restrictions that lapse on February 20, 2010 and 2011 with respect to 6,667 and 6,666 shares, respectively.
- [F3]Pursuant to Rule 16b-3 (right to buy).
- [F4]16,666 shares vest on 12/8/07. 16,667 shares vest on each of 12/8/08 and 12/8/09.