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4//SEC Filing

GALLEBERG PAUL A 4

Accession 0001181431-05-012928

CIK 0001096512other

Filed

Feb 27, 7:00 PM ET

Accepted

Feb 28, 3:39 PM ET

Size

13.7 KB

Accession

0001181431-05-012928

Insider Transaction Report

Form 4
Period: 2005-02-25
GALLEBERG PAUL A
Sr. VP, Gen. Counsel and Sec.
Transactions
  • Disposition to Issuer

    Class B Common Stock

    2005-02-25$2.06/sh29,848$61,4870 total
  • Disposition to Issuer

    Stock Option (right to buy)

    2005-02-25700,0000 total
    Exercise: $2.26From: 2005-02-25Exp: 2012-08-20Class B Common Stock (700,000 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2005-02-25350,0000 total
    Exercise: $5.88From: 2005-02-25Exp: 2010-11-21Class B Common Stock (350,000 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2005-02-25400,0000 total
    Exercise: $1.53From: 2005-02-25Exp: 2013-08-19Class B Common Stock (400,000 underlying)
Footnotes (4)
  • [F1]Canceled pursuant to the merger agreement between the Issuer and British Telecommunications plc ("BT") in exchange for $2.06 per share merger consideration.
  • [F2]This option was canceled in the merger without consideration due to the exercise price exceeding the $2.06 per share merger consideration.
  • [F3]This option was canceled in the merger in exchange for a cash payment of $212,000.00 by BT, representing the difference between the exercise price of the option and the 2.06 per share merger consideration.
  • [F4]This option was canceled in the merger in exchange for a cash payment of $160,000.00 by BT, representing the difference between the exercise price of the option and the 2.06 per share merger consideration.

Issuer

INFONET SERVICES CORP

CIK 0001096512

Entity typeother

Related Parties

1
  • filerCIK 0001214984

Filing Metadata

Form type
4
Filed
Feb 27, 7:00 PM ET
Accepted
Feb 28, 3:39 PM ET
Size
13.7 KB