INFONET SERVICES CORP 4
4 · INFONET SERVICES CORP · Filed Feb 28, 2005
Insider Transaction Report
Form 4
ALLERTON JOHN
Director
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2005-02-25−60,000→ 0 totalExercise: $1.51From: 2005-02-25Exp: 2013-05-07→ Class B Common Stock (60,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2005-02-25−45,000→ 0 totalExercise: $1.53From: 2005-02-25Exp: 2013-08-19→ Class B Common Stock (45,000 underlying)
Footnotes (3)
- [F1]This option was canceled pursuant to the merger ageement between the Issuer and British Telecommunications plc ("BT") in exchange for a cash payment of $33,000.00 by BT representing the difference between the exercise price of the option and the $2.06 per share merger consideration. Mr. Allerton disclaims any personal pecuniary interest in any options granted to him due to the policies of his employer.
- [F2]This option was canceled pursuant to the merger in exchange for a cash payment of $23,850.00 by BT representing the difference between the exercise price of the option and the $2.06 per share merger consideration. Mr. Allerton disclaims any personal pecuniary interest in any options granted to him due to the policies of his employer.
- [F3]This option was canceled pursuant to the merger in exchange for a cash payment of $18,900.00 by BT representing the difference between the exercise price of the option and the $2.06 per share merger consideration. Mr. Allerton disclaims any personal pecuniary interest in any options granted to him due to the policies of his employer.