SWEERS PETER C 4

4 · INFONET SERVICES CORP · Filed Feb 28, 2005

Form 4

Period: 2005-02-25

Chief Operating Officer

Transactions

Disposition to Issuer
Stock Option (right to buy)
2005-02-25−15,000→ 0 total
Exercise: $13.75From: 2005-02-25Exp: 2010-04-25→ Class B Common Stock (15,000 underlying)
Disposition to Issuer
Stock Option (right to buy)
2005-02-25−450,000→ 0 total
Exercise: $1.53From: 2005-02-25Exp: 2013-08-19→ Class B Common Stock (450,000 underlying)
Disposition to Issuer
Stock Option (right to buy)
2005-02-25−100,000→ 0 total
Exercise: $2.18From: 2005-02-25Exp: 2012-02-27→ Class B Common Stock (100,000 underlying)
Disposition to Issuer
Stock Option (right to buy)
2005-02-25−50,000→ 0 total
Exercise: $2.49From: 2005-02-25Exp: 2012-01-02→ Class B Common Stock (50,000 underlying)
Disposition to Issuer
Class B Common Stock
2005-02-25$2.06/sh−116,567$240,128→ 0 total
Disposition to Issuer
Stock Option (right to buy)
2005-02-25−20,000→ 0 total
Exercise: $2.35From: 2005-02-25Exp: 2011-10-25→ Class B Common Stock (20,000 underlying)

Footnotes (3)

[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 $238,500.00 by BT, representing the difference between the exercise price of the option and the 2.06 per share merger consideration.

Documents

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