WILTEL COMMUNICATIONS GROUP INC 4
4 · WILTEL COMMUNICATIONS GROUP INC · Filed Jul 28, 2003
Insider Transaction Report
Form 4
COLLINS JOHN PATRICK
Director
Transactions
- Award
Common Stock
2003-07-24$13.96/sh+23$321→ 440 total(indirect: In Daughter) - Award
Common Stock
2003-07-24$13.96/sh+123$1,717→ 2,315 total
Footnotes (4)
- [F1]Pursuant to WilTel Communication Group, Inc.'s Plan of Reorganization, approximately 1.4 million shares of WTEL common stock, which were issued and held in reserve pending the resolution of WilTel Communication Group, Inc.'s Chapter 11 claims, have been distributed to allowed claimants, including note holders. The distribution was on a pro rata basis.
- [F2]Total stock held includes pro-rata distribution of WilTel Communications Group Inc. common stock to holders of Williams Communications Group, Inc. senior redeemable notes pursuant to the Second Amended Joint Plan of Reorganization of Williams Communications Group, Inc. (the "Plan of Reorganization"). The Plan of Reorganization was confirmed by the United States Bankruptcy Court, Southern District of New York on September 30, 2002, (Chapter 11 Case No. 02-11957) and was effective as of October 15, 2002.
- [F3]The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or any other purpose
- [F4]By Daughter