GLOBETEL COMMUNICATIONS CORP 4
4 · GLOBETEL COMMUNICATIONS CORP · Filed Jan 26, 2004
Insider Transaction Report
Form 4
GLOBETEL COMMUNICATIONS CORPGTEL.OB
SIEGEL MITCHELL
DirectorVICE PRESIDENT
Transactions
- Exercise of In-Money
Right to Buy Common Stock
2004-01-05$0.11/sh−4,111,133$444,002→ 3,333,333 total(indirect: By Spouse)Exercise: $0.11From: 2003-09-26Exp: 2006-09-26→ COMMON STOCK (4,111,133 underlying) - Exercise of In-Money
COMMON STOCK
2004-01-05$0.11/sh+5,333,333$576,000→ 12,777,800 total - Exercise of In-Money
COMMON STOCK
2004-01-05$0.11/sh+4,111,133$444,002→ 5,146,133 total(indirect: By Spouse) - Exercise of In-Money
Right to Buy Common Stock
2004-01-05$0.11/sh−5,333,333$576,000→ 0 totalExercise: $0.11From: 2003-12-18Exp: 2006-12-18→ COMMON STOCK (5,333,333 underlying) - Exercise of In-Money
COMMON STOCK
2004-01-05$0.11/sh+7,444,467$804,002→ 7,444,467 total - Exercise of In-Money
Right to Buy Common Stock
2004-01-05$0.11/sh−3,333,333$360,000→ 0 total(indirect: By Spouse)Exercise: $0.11From: 2003-12-18Exp: 2006-12-18→ COMMON STOCK (3,333,333 underlying) - Exercise of In-Money
Right to Buy common Stock
2004-01-05$0.11/sh−7,444,467$804,002→ 5,333,333 totalExercise: $0.11From: 2003-09-26Exp: 2006-09-26→ COMMON STOCK (7,444,467 underlying) - Exercise of In-Money
COMMON STOCK
2004-01-05$0.11/sh+3,333,333$360,000→ 8,479,466 total(indirect: By Spouse)