SAYERS RICHARD E 4
4 · FIBERNET TELECOM GROUP INC\ · Filed Sep 23, 2003
Insider Transaction Report
Form 4
SAYERS RICHARD E
Director
Transactions
- Other
Common Stock
[F1]2003-09-02+1,558→ 160,301 total - Other
Common Stock
[F1][F2]2003-09-02+1,686→ 4,399 total(indirect: See footnote) - Disposition to Issuer
Series A Warrants
[F3]2003-09-02$20.10/sh−1,560$31,356→ 0 totalExercise: $20.10From: 1988-08-08Exp: 2004-05-07→ Common Stock (1,560 underlying) - Disposition to Issuer
Series A Warrants
[F3][F2]2003-09-02$20.10/sh−1,466$29,467→ 0 total(indirect: See footnote)Exercise: $20.10From: 1988-08-08Exp: 2004-05-07→ Common Stock (1,466 underlying) - Disposition to Issuer
Warrants
[F3][F2]2003-09-02$16.50/sh−222$3,663→ 0 total(indirect: See footnote)Exercise: $16.50From: 1988-08-08Exp: 2006-12-06→ Common Stock (222 underlying)
Footnotes (3)
- [F1]Pursuant to a plan of warrant exchange previously approved by the Company's stockholders, the shares of common stock were issued in exchange for the warrants identified herein on Table II.
- [F2]The Reporting Person is the sole stockholder and president of Taurus Telecommunications, Inc. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
- [F3]Immediately exercisable.
Signature
/s/ Richard E. Sayers|2003-09-22