4//SEC Filing
ITXC CORP 4
Accession 0001181431-04-029092
CIK 0001061895operating
Filed
Jun 1, 8:00 PM ET
Accepted
Jun 2, 5:47 PM ET
Size
11.8 KB
Accession
0001181431-04-029092
Insider Transaction Report
Form 4
ITXC CORPITXC
EVSLIN TOM I MARY A
DirectorChairman, President and CEO10% Owner
Transactions
- Disposition to Issuer
Stock Option (Right to Purchase)
2004-05-31−500,000→ 0 totalExercise: $7.18Exp: 2011-07-20→ Common Stock (500,000 underlying) - Disposition to Issuer
Common Stock, par value $0.001 per share
2004-05-31−4,923,367→ 0 total - Disposition to Issuer
Common Stock, par value $0.001 per share
2004-05-31−1,025,833→ 0 total(indirect: By Spouse) - Disposition to Issuer
Warrant
2004-05-31−645,162→ 0 totalExercise: $0.85Exp: 2008-04-30→ Common Stock (645,162 underlying)
Footnotes (3)
- [F1]Pursuant to the Agreement and Plan of Merger among Teleglobe International Holdings Ltd, Vex Merger Subsidiary Corp. and ITXC Corp., dated as of November 4, 2003, as amended, upon the consummation of the merger described in that agreement (which occurred on May 31, 2004), the Reporting Person became entitled to receive 0.25 common shares of Teleglobe International Holdings Ltd for each share of ITXC Corp. common stock held by the Reporting Person, in a transaction exempt from Section 16(b) of the Securities Exchange Act of 1934 pursuant to Rule 16b-3 promulgated by the Securities and Exchange Commission.
- [F2]This warrant, which was to be currently exercisable, was assumed by Teleglobe International Holdings Ltd in the merger and replaced with a warrant to purchase 161,291 shares of Teleglobe International Holdings Ltd common shares.
- [F3]This option, three-quarters of which was to be currently exercisable and which provided for the remaining one-quarter to vest on April 1, 2005, was assumed by Teleglobe International Holdings Ltd in the merger and replaced with an option to purchase 125,000 shares of Teleglobe International Holdings Ltd common shares.
Documents
Issuer
ITXC CORP
CIK 0001061895
Entity typeoperating
IncorporatedNJ
Related Parties
1- filerCIK 0001061895
Filing Metadata
- Form type
- 4
- Filed
- Jun 1, 8:00 PM ET
- Accepted
- Jun 2, 5:47 PM ET
- Size
- 11.8 KB