4//SEC Filing
GILL FRANK 4
Accession 0001181431-04-029120
CIK 0001061895other
Filed
Jun 1, 8:00 PM ET
Accepted
Jun 2, 6:42 PM ET
Size
12.6 KB
Accession
0001181431-04-029120
Insider Transaction Report
Form 4
ITXC CORPITXC
GILL FRANK
Director
Transactions
- Disposition to Issuer
Common Stock, par value $0.001 per share
2004-05-31−16,740→ 0 total - Disposition to Issuer
Stock Option (Right to Purchase)
2004-05-31−20,000→ 0 totalExercise: $1.40Exp: 2013-03-31→ Common Stock (20,000 underlying) - Disposition to Issuer
Stock Option (Right to Purchase)
2004-05-31−25,000→ 0 totalExercise: $7.00Exp: 2011-12-07→ Common Stock (25,000 underlying) - Disposition to Issuer
Stock Option (Right to Purchase)
2004-05-31−5,000→ 0 totalExercise: $4.75Exp: 2012-05-09→ Common Stock (5,000 underlying)
Footnotes (4)
- [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(d) promulgated by the Securities and Exchange Commission.
- [F2]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 6,250 shares of Teleglobe International Holdings Ltd common shares.
- [F3]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 May 9, 2005, was assumed by New Teleglobe International Holdings Ltd in the merger and replaced with an option to purchase 1,250 shares of Teleglobe International Holdings Ltd common shares.
- [F4]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 on March 31, 2005, 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 0001129411
Filing Metadata
- Form type
- 4
- Filed
- Jun 1, 8:00 PM ET
- Accepted
- Jun 2, 6:42 PM ET
- Size
- 12.6 KB