HINTON JERROLD R 4
4 · GLOBETEL COMMUNICATIONS CORP · Filed Jan 23, 2004
Insider Transaction Report
Form 4
GLOBETEL COMMUNICATIONS CORPGTEL.OB
HINTON JERROLD R
Director
Transactions
- Exercise of In-Money
Right to Purchase Common Stock
2004-01-05$0.11/sh−6,666,667$720,000→ 0 totalExercise: $0.11From: 2003-12-18Exp: 2006-12-18→ COMMON STOCK (6,666,667 underlying) - Exercise of In-Money
COMMON STOCK
2004-01-05$0.11/sh+19,806,667$2,139,120→ 24,895,691 total - Exercise of In-Money
Right to Purchase Common Stock
2004-01-05$0.11/sh−19,806,667$2,139,120→ 6,666,667 totalExercise: $0.11From: 2003-09-26Exp: 2006-09-26→ COMMON STOCK (19,806,667 underlying) - Sale
COMMON STOCK
2004-01-05$0.11/sh−500,000$55,000→ 5,089,024 total - Exercise of In-Money
COMMON STOCK
2004-01-05$0.11/sh+6,666,667$720,000→ 31,562,358 total
Holdings
- 50,000(indirect: BY HIGHER GROUND INC.)
COMMON STOCK