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4//SEC Filing

BENSON GARY 4

Accession 0001179110-10-004635

CIK 0001344907other

Filed

Mar 7, 7:00 PM ET

Accepted

Mar 8, 9:52 AM ET

Size

7.7 KB

Accession

0001179110-10-004635

Insider Transaction Report

Form 4
Period: 2010-03-03
BENSON GARY
Director
Transactions
  • Award

    Common Stock

    2010-03-03+20,00060,000 total
Holdings
  • Common Stock

    (indirect: By Goben Enterprises, LP)
    52,000
  • Stock Options (right to buy)

    Exercise: $5.00Exp: 2016-03-23Common Stock (50,000 underlying)
    50,000
Footnotes (4)
  • [F1]Grant of restricted stock. Restrictions lapse as to 6,667 shares on each of March 3, 2011 and March 3, 2012; and as to 6,666 shares on March 3, 2013.
  • [F2]A family limited partnership of which the Reporting Person is a general partner.
  • [F3]In addition to the current grant, includes prior grants of restricted stock, with restrictions that lapsed as to 6,667 shares on February 20, 2009 and February 20, 2010 and that will lapse with respect to 6,666 shares on February 20, 2011; and restrictions that lapsed as to 6,667 shares on February 26, 2010 and Will lapse with respect to 6,667 shares on February 26, 2011, and as to 6,666 shares on February 26, 2012.
  • [F4]Options vest in equal increments over three years beginning on the first anniversary of the date of grant.

Issuer

GLOBAL TRAFFIC NETWORK, INC.

CIK 0001344907

Entity typeother

Related Parties

1
  • filerCIK 0001180094

Filing Metadata

Form type
4
Filed
Mar 7, 7:00 PM ET
Accepted
Mar 8, 9:52 AM ET
Size
7.7 KB