CINCINNATI BELL INC 4
4 · CINCINNATI BELL INC · Filed Feb 28, 2005
Insider Transaction Report
Form 4
CALLAGHAN MICHAEL W
Senior Vice President
Transactions
- Sale
Common Stock
2005-02-25$4.49/sh−2,900$13,021→ 46,214.481 total
Holdings
- 6,400
Option to Buy
Exercise: $12.98From: 1998-01-02Exp: 2007-01-02→ Common Stock (6,400 underlying) - 6,800
Option to Buy
Exercise: $13.15From: 1999-01-02Exp: 2006-01-02→ Common Stock (6,800 underlying) - 20,000
Option to Buy
Exercise: $22.38From: 2000-03-31Exp: 2009-03-31→ Common Stock (20,000 underlying) - 250,000
Option to Buy
Exercise: $16.78From: 2001-09-17Exp: 2009-09-17→ Common Stock (250,000 underlying) - 7,450(indirect: By Spouse)
Common Stock
- 15,000
Option to Buy
Exercise: $22.84From: 2002-01-02Exp: 2011-01-02→ Common Stock (15,000 underlying) - 999.876(indirect: By Trust)
Common Stock
- 400
Option to Buy
Exercise: $22.25From: 2001-04-01Exp: 1999-04-01→ Common Stock (400 underlying) - 51,000
Option to Buy
Exercise: $5.66From: 2004-12-04Exp: 2013-02-04→ Common Stock (51,000 underlying) - 75,000
Option to Buy
Exercise: $3.70From: 2005-12-03Exp: 2014-12-03→ Common Stock (75,000 underlying) - 100,000
Option to Buy
Exercise: $9.64From: 2002-12-04Exp: 2011-12-04→ Common Stock (100,000 underlying)
Footnotes (5)
- [F1]Option shares granted under the Cincinnati Bell Inc. 1988 Long Term Incentive Plan which is a Rule 16b-3 Plan.
- [F2]Option shares granted under the Cincinnati Bell Inc. 1997 Long Term Incentive Plan which is a Rule 16b-3 Plan.
- [F3]3-Year vesting schedule: 25% one year from grant date; 25% two years from grant date; 50% three years from grant date.
- [F4]5-year vesting schedule: 25% third year from grant date; 25% four years from grant date; 50% five years from grant date. Options are subject to accelerated vesting if certain financial targets are met: 15% one year from grant date; 15% two years from grant date; 20% three years from grant date; 25% four years from grant date; 25% five years from grant date.
- [F5]Options have a 3 year vesting schedule: 28% one year from grant date and 3% for each of the remaining 24 months. Options expire ten years from grant date.