Eng Chi K 4
4 · ARBINET THEXCHANGE INC · Filed Aug 29, 2005
Insider Transaction Report
Form 4
Eng Chi K
General Counsel and Secretary
Transactions
- Award
Common Stock
2005-08-25$6.35/sh+15,000$95,250→ 28,265 total
Footnotes (2)
- [F1]Such shares represent restricted stock with restrictions lapsing 1/3 on the first anniversary of the grant date; the remaining 2/3 restrictions shall lapse annually over the next two years.
- [F2]Consists of 3,000 shares of Common Stock hled by Mr. Eng; 10,265 shares of restricted common stock held by Mr. Eng, a portion of which remains subject to repurchase by the Issuer; and 15,000 shares representing restricted stock, with restrictions as described in footnote (1).