COLLAZO JOSE A 4

4 · INFONET SERVICES CORP · Filed Feb 28, 2005

Form 4

Period: 2005-02-25

DirectorChairman of the Board/Pres.

Transactions

Disposition to Issuer
Stock Option (right to buy)
2005-02-25−1,500,000→ 0 total
Exercise: $1.53From: 2005-02-25Exp: 2013-08-19→ Class B Common Stock (1,500,000 underlying)
Disposition to Issuer
Class B Common Stock
2005-02-25$2.06/sh−941,838$1,940,186→ 0 total
Disposition to Issuer
Stock Option (right to buy)
2005-02-25−1,220,000→ 0 total
Exercise: $2.13From: 2005-02-25Exp: 2011-12-10→ Class B Comon Stock (1,220,000 underlying)
Disposition to Issuer
Stock Option (right to buy)
2005-02-25−2,541,500→ 0 total
Exercise: $21.00From: 2005-02-25Exp: 2009-12-16→ Class B Common Stock (2,541,500 underlying)
Disposition to Issuer
Stock Option (right to buy)
2005-02-25−800,000→ 0 total
Exercise: $1.95From: 2005-02-25Exp: 2012-05-07→ Class B Common Stock (800,000 underlying)
Disposition to Issuer
Stock Option (right to buy)
2005-02-25−1,270,750→ 0 total
Exercise: $23.10From: 2005-02-25Exp: 2009-12-16→ Class B Common Stock (1,270,750 underlying)
Disposition to Issuer
Stock Option (right to buy)
2005-02-25−1,000,000→ 0 total
Exercise: $1.66From: 2005-02-25Exp: 2014-06-14→ Class B Common Stock (1,000,000 underlying)

Footnotes (5)

[F1]Canceled pursuant to the merger agreement between Issuer and British Telecommunications plc 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 $88,000.00 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 $795,000.00 by BT, representing the difference between the exercise price of the option and the 2.06 per share merger consideration.
[F5]This option was canceled in the merger in exchange for a cash payment of $400,000.00 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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