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4//SEC Filing

SWEERS PETER C 4

Accession 0001181431-05-012962

CIK 0001096512other

Filed

Feb 27, 7:00 PM ET

Accepted

Feb 28, 4:21 PM ET

Size

17.5 KB

Accession

0001181431-05-012962

Insider Transaction Report

Form 4
Period: 2005-02-25
SWEERS PETER C
Chief Operating Officer
Transactions
  • Disposition to Issuer

    Stock Option (right to buy)

    2005-02-2515,0000 total
    Exercise: $13.75From: 2005-02-25Exp: 2010-04-25Class B Common Stock (15,000 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2005-02-25450,0000 total
    Exercise: $1.53From: 2005-02-25Exp: 2013-08-19Class B Common Stock (450,000 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2005-02-25100,0000 total
    Exercise: $2.18From: 2005-02-25Exp: 2012-02-27Class B Common Stock (100,000 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2005-02-2550,0000 total
    Exercise: $2.49From: 2005-02-25Exp: 2012-01-02Class B Common Stock (50,000 underlying)
  • Disposition to Issuer

    Class B Common Stock

    2005-02-25$2.06/sh116,567$240,1280 total
  • Disposition to Issuer

    Stock Option (right to buy)

    2005-02-2520,0000 total
    Exercise: $2.35From: 2005-02-25Exp: 2011-10-25Class 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.

Issuer

INFONET SERVICES CORP

CIK 0001096512

Entity typeother

Related Parties

1
  • filerCIK 0001214988

Filing Metadata

Form type
4
Filed
Feb 27, 7:00 PM ET
Accepted
Feb 28, 4:21 PM ET
Size
17.5 KB