4//SEC Filing
SERVIDIO ANTHONY 4
Accession 0001181431-04-029096
CIK 0001061895other
Filed
Jun 1, 8:00 PM ET
Accepted
Jun 2, 5:50 PM ET
Size
21.1 KB
Accession
0001181431-04-029096
Insider Transaction Report
Form 4
ITXC CORPITXC
SERVIDIO ANTHONY
Executive V.P. and CFO
Transactions
- Disposition to Issuer
Stock Option (Right to Purchase)
2004-05-31−50,000→ 0 totalExercise: $7.00Exp: 2011-12-07→ Common Stock (50,000 underlying) - Disposition to Issuer
Stock Option (Right to Purchase)
2004-05-31−30,000→ 0 totalExercise: $2.47Exp: 2013-02-13→ Common Stock (30,000 underlying) - Disposition to Issuer
Stock Option (Right to Purchase)
2004-05-31−12,500→ 0 totalExercise: $7.00Exp: 2011-12-07→ Common Stock (12,500 underlying) - Disposition to Issuer
Stock Option (Right to Purchase)
2004-05-31−15,000→ 0 totalExercise: $7.00Exp: 2011-12-07→ Common Stock (15,000 underlying) - Disposition to Issuer
Stock Option (Right to Purchase)
2004-05-31−20,000→ 0 totalExercise: $7.00Exp: 2011-12-07→ Common Stock (20,000 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 an option for 0.25 common shares of Teleglobe International Holdings Ltd for each option of ITXC Corp. 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 option, two-thirds of which was to be currently exercisable and which provided for the remaining one-third to vest in two equal semiannual installments beginning on June 7, 2004, 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.
- [F3]This option, two-thirds of which was to be currently exercisable and which provided for the remaining one-third to vest in two equal semiannual installments beginning on June 7, 2004, was assumed by Teleglobe International Holdings Ltd the in the merger and replaced with an option to purchase 3,750 shares of Teleglobe International Holdings Ltd common shares.
- [F4]This option, one-half of which was to be currently exercisable and which provided for the remaining one-half to vest in four equal semiannual installments beginning on June 7, 2004, was assumed by Teleglobe International Holdings Ltd in the merger and replaced with an option to purchase 5,000 shares of Teleglobe International Holdings Ltd common shares.
- [F5]This option, one-half of which was to be currently exercisable and which provided for the remaining one-half to vest in two equal annual installments beginning on December 7, 2004, was assumed by Teleglobe International Holdings Ltd in the merger and replaced with an option to purchase 3,125 shares of Teleglobe International Holdings Ltd common shares.
- [F6]This option, one-quarter of which was to be currently exercisable and which provided for the remaining three-quarters to vest in three equal annual installments beginning January 8, 2005, was assumed by Teleglobe International Holdings Ltd in the merger and replaced with an option to purchase 3,750 shares of Teleglobe International Holdings Ltd common shares.
- [F7]This option, one-quarter of which was to be currently exercisable and which provided for the remaining three-quarters to vest in equal annual installments beginning February 13, 2005, was assumed by Teleglobe International Holdings Ltd in the merger and replaced with an option to purchase 7,500 shares of Teleglobe International Holdings Ltd common shares.
- [F8]This option, which provided for vesting in four equal annual installments beginning December 31, 2004, was assumed by Teleglobe International Holdings Ltd in the merger and replaced with an option to purchase 5,000 shares of Teleglobe International Holdings Ltd common shares.
Documents
Issuer
ITXC CORP
CIK 0001061895
Entity typeother
Related Parties
1- filerCIK 0001273496
Filing Metadata
- Form type
- 4
- Filed
- Jun 1, 8:00 PM ET
- Accepted
- Jun 2, 5:50 PM ET
- Size
- 21.1 KB