SHULMAN IVAN N 4
4 · GLOBAL TRAFFIC NETWORK, INC. · Filed Jul 10, 2009
Insider Transaction Report
Form 4
SHULMAN IVAN N
EVP & Director of Int'l Sales
Transactions
- Award
Common Stock
2009-07-09+20,000→ 41,846 total
Holdings
- 33,400
Stock Options (right to buy)
Exercise: $4.66Exp: 2016-12-08→ Common Stock (33,400 underlying) - 50,000
Stock Options (right to buy)
Exercise: $7.05Exp: 2017-05-08→ Common Stock (50,000 underlying) - 50,000
Stock Options (right to buy)
Exercise: $6.28Exp: 2016-05-08→ Common Stock (50,000 underlying)
Footnotes (4)
- [F1]Includes (i) 15,000 shares of restricted stock granted on 3/12/2008 with restrictions that lapse with respect to 5,000 shares on each of 3/12/2009, 3/12/2010 and 3/12/2011; and 20,000 shares of restricted stock granted on 7/9/2009 with restrictions that lapse with respect to 6,667 shares on each of 7/9/2010 and 7/9/2011 and restrictions that lapse with respect to 6,666 shares on 7/9/2012.
- [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]Option is vested with respect to 16,734 shares and vests with respect to the remaining 16,666 shares 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.