ITXC CORP 4
4 · ITXC CORP · Filed Jun 2, 2004
Insider Transaction Report
Form 4
ITXC CORPITXC
JORDAN EDWARD B
Director
Transactions
- Disposition to Issuer
Stock Option (Right to Purchase)
2004-05-31−400,000→ 0 totalExercise: $0.01Exp: 2006-05-31→ Common Stock (400,000 underlying) - Disposition to Issuer
Stock Option (Right to Purchase)
2004-05-31−200,000→ 0 totalExercise: $1.16Exp: 2006-05-31→ Common Stock (200,000 underlying) - Disposition to Issuer
Common Stock, par value $0.001 per share
2004-05-31−307,804→ 0 total - Disposition to Issuer
Common Stock, par value $0.001 per share
2004-05-31−19,700→ 0 total(indirect: By Children) - Disposition to Issuer
Common Stock, par value $0.001 per share
2004-05-31−5,000→ 0 total(indirect: By Spouse) - Disposition to Issuer
Stock Option (Right to Purchase)
2004-05-31−100,000→ 0 totalExercise: $7.00Exp: 2006-05-31→ Common Stock (100,000 underlying) - Disposition to Issuer
Warrant
2004-05-31−234,604→ 0 totalExercise: $0.85Exp: 2008-04-30→ Common Stock (234,604 underlying) - Disposition to Issuer
Stock Option (Right to Purchase)
2004-05-31−50,000→ 0 totalExercise: $7.00Exp: 2006-05-31→ Common Stock (50,000 underlying)
Footnotes (8)
- [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 58,651 shares of Teleglobe International Holdings Ltd common shares.
- [F3]This option, which was to currently exercisable, was assumed by Teleglobe International Holdings Ltd in the merger and replaced with an option to purchase 100,000 shares of Teleglobe International Holdings Ltd common shares.
- [F4]This option, which was to be currently exercisable, was assumed by Teleglobe International Holdings Ltd in the merger and replaced with an option to purchase 50,000 shares of Teleglobe International Holdings Ltd common shares.
- [F5]This option, which was to be currently exercisable, was assumed by Teleglobe International Holdings Ltd in the merger and replaced with an option to purchase 50,000 shares of Teleglobe International Holdings Ltd common shares.
- [F6]This option, which was to be currently exercisable, was assumed by Teleglobe International Holdings Ltd in the merger and replaced with an option to purchase 12,500 shares of Teleglobe International Holdings Ltd common shares.
- [F7]This option, which was to be currently exercisable, was assumed by Teleglobe International Holdings Ltd in the merger and replaced with an option to purchase 25,000 shares of Teleglobe International Holdings Ltd common shares.
- [F8]This option, which was to be currently exercisable, was assumed by Teleglobe International Holdings Ltd in the merger and replaced with an option to purchase 25,000 shares of Teleglobe International Holdings Ltd common shares.