4//SEC Filing
WEITZ THEODORE M 4
Accession 0001181431-04-029097
CIK 0001061895other
Filed
Jun 1, 8:00 PM ET
Accepted
Jun 2, 5:51 PM ET
Size
11.8 KB
Accession
0001181431-04-029097
Insider Transaction Report
Form 4
ITXC CORPITXC
WEITZ THEODORE M
V.P., General Counsel & Sec'y
Transactions
- Disposition to Issuer
Stock Option (Right to Purchase)
2004-05-31−85,000→ 0 totalExercise: $4.55Exp: 2011-07-23→ Common Stock (85,000 underlying) - Disposition to Issuer
Common Stock, par value $0.001 per share
2004-05-31−250→ 0 total(indirect: By 401(k)) - Disposition to Issuer
Common Stock, par value $0.001 per share
2004-05-31−6,765→ 0 total - Disposition to Issuer
Stock Option (Right to Purchase
2004-05-31−50,000→ 0 totalExercise: $2.55Exp: 2013-01-08→ Common Stock (50,000 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 option, one-half of which was to be currently exercisable and which provided for the remainder to vest in two equal annual installments beginning July 23, 2004, was assumed by Teleglobe International Holdings Ltd in the merger and replaced with an option to purchase 21,250 shares of Teleglobe International Holdings Ltd common shares.
- [F3]This option, one-quarter of which was to be currently exercisable and which provided for the remainder 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 12,500 shares of Teleglobe International Holdings Ltd common shares.
Documents
Issuer
ITXC CORP
CIK 0001061895
Entity typeother
Related Parties
1- filerCIK 0001145760
Filing Metadata
- Form type
- 4
- Filed
- Jun 1, 8:00 PM ET
- Accepted
- Jun 2, 5:51 PM ET
- Size
- 11.8 KB