BYRNES BRUCE L 4
4 · CINCINNATI BELL INC · Filed Aug 2, 2011
Insider Transaction Report
Form 4
BYRNES BRUCE L
Director
Transactions
- Other
Common Stock
2011-07-29−2,270→ 38,519 total
Holdings
- 9,000
Option to Buy
Exercise: $5.31From: 2007-05-03Exp: 2017-05-03→ Common Stock (9,000 underlying) - 7,500
Phantom Shares
→ Common Stock (6,000 underlying) - 25,500
Phantom Shares
→ Common Stock (6,000 underlying) - 9,000
Option to Buy
Exercise: $4.25From: 2004-04-23Exp: 2014-04-23→ Common Stock (9,000 underlying) - 9,000
Option to Buy
Exercise: $4.20From: 2006-04-28Exp: 2016-04-28→ Common Stock (9,000 underlying) - 13,500
Phantom Shares
→ Common Stock (6,000 underlying) - 19,500
Phantom Shares
→ Common Stock (6,000 underlying) - 25,000
Option to Buy
Exercise: $5.53From: 2003-08-01Exp: 2013-08-01→ Common Stock (25,000 underlying) - 37,500
Phantom Shares
→ Common Stock (6,000 underlying) - 66,222.071(indirect: By Deferred Compensation Plan)
Common Stock
- 9,000
Option to Buy
Exercise: $3.87From: 2005-04-29Exp: 2015-04-29→ Common Stock (9,000 underlying) - 31,500
Phantom Shares
→ Common Stock (6,000 underlying) - 43,500
Phantom Shares
→ Common Stock (6,000 underlying)
Footnotes (5)
- [F1]On May 3, 2011, each of the Company's non-employee directors was granted 12,110 restricted shares under the 2007 Stock Option Plan for Non-Employee Directors. It was subsequently determined that the number of full value shares available to be granted under the above-referenced plan was insufficient to grant that number of shares to each non-employee director. Accordingly, the Company's board of directors determined that each non-employee director would rescind 2,270 of the previously granted shares to stay within plan limits for full value shares.
- [F2]Option shares granted under the 1997 Stock Option Plan for Non-Employee Directors which is a Rule 16b-3 Plan.
- [F3]Option shares granted under the 2007 Stock Option Plan for Non-Employee Directors which is a Rule 16b-3 Plan.
- [F4]One for one conversion.
- [F5]Phantom shares are payable in cash following retirement or termination of the reporting person's employment/affiliation with the Company.