WOROBOW GARY L 4
4 · GLOBAL TRAFFIC NETWORK, INC. · Filed Mar 13, 2009
Insider Transaction Report
Form 4
WOROBOW GARY L
EVP, Business & Legal Affairs
Transactions
- Disposition to Issuer
Stock Options
2009-03-11−50,000→ 0 totalExercise: $4.66Exp: 2016-12-08→ Common Stock (50,000 underlying) - Award
Stock Options
2009-03-11+50,000→ 50,000 totalExercise: $4.66Exp: 2019-03-11→ Common Stock (50,000 underlying)
Holdings
- 40,000
Common stock
Footnotes (4)
- [F1]Includes (i) 20,000 shares of restricted stock granted on February 20, 2008 with restrictions that lapse with respect to 6,667 shares on each of February 20, 2009 and 2010, and restrictions that lapse with respect to 6,666 shares on February 20, 2011; and (ii) 20,000 shares of restricted stock granted on February 26, 2009 with restrictions that lapse with respect to 6,667 shares on each of February 26, 2010 and 2011, and restrictions that lapse with respect to 6,666 shares on February 26, 2012.
- [F2]Pursuant to Rule 16b-3 (right to buy).
- [F3]16,666 shares vest on 12/8/07. 16,667 shares vest on each of 12/8/08 and 12/8/09.
- [F4]33,333 shares are immediately exercisable; 16,667 shares vest on 12/8/09.