BENSON GARY 5
5 · GLOBAL TRAFFIC NETWORK, INC. · Filed Sep 13, 2010
Insider Transaction Report
Form 5
BENSON GARY
Director
Transactions
- Gift
Common Stock
2009-10-06+52,000→ 52,000 total(indirect: By Trust) - Gift
Common Stock
2009-10-06+52,000→ 52,000 total(indirect: By LLC) - Purchase
Common Stock
2009-08-03$4.30/sh+52,000$223,600→ 52,000 total(indirect: By Trust) - Gift
Common Stock
2009-10-06+52,000→ 52,000 total(indirect: By Spouse) - Sale
Common Stock
2009-08-03$4.30/sh−52,000$223,600→ 0 total(indirect: by Goben Enterprises, LP) - Gift
Common Stock
2009-10-06−52,000→ 0 total(indirect: By Trust) - Gift
Common Stock
2009-10-06−52,000→ 0 total(indirect: By Spouse) - Gift
Common Stock
2009-10-06−52,000→ 0 total(indirect: By Trust)
Holdings
- 50,000
Stock Options (right to buy)
Exercise: $5.00Exp: 2016-03-23→ Common Stock (50,000 underlying) - 60,000
Common Stock
Footnotes (5)
- [F1]Includes grants of restricted stock with restrictions that lapse as to 6,666 shares on February 20, 2011; 6,667 shares on each of February 26, 2011, March 3, 2011, and March 3, 2012; and 6,666 shares on each of February 26, 2012 and March 3, 2013.
- [F2]A family limited partnership of which the Reporting Person is a general partner.
- [F3]A trust for the benefit of the reporting person's spouse. Neither the Reporting Person, nor his spouse are the trustee of such trust.
- [F4]A limited liability company, of which the sole member is a trust for the benefit of the reporting person's spouse. Neither the Reporting Person, nor his spouse are the trustee of such trust.
- [F5]The option became exercisable in three installments on 3/23/2007, 3/23/2008 and 3/23/2009.