Dunne Timothy James 4/A
4/A · RCN CORP /DE/ · Filed Jan 6, 2006
Insider Transaction Report
Form 4/AAmended
RCN CORP /DE/RCNI
Dunne Timothy James
Chief Technology Officer
Transactions
- Award
Options to Purchase Common Stock
2005-07-19+150,000→ 150,000 totalExercise: $20.97Exp: 2012-05-23→ Common Stock (150,000 underlying) - Award
Common Stock
2005-07-19+75,000→ 75,000 total
Footnotes (2)
- [F1]Fifty-percent (50%) of the options will vest in 3 equal annual installments of 1/6 on May 24th of 2006, 2007 and 2008. The remaining fifty-percent (50%) of the options will vest in 3 equal annual installments of 1/6 based on RCN's satisfaction of certain performance criteria for each of the fiscal years ending on December 31st of 2005, 2006 and 2007, or the remaining fifty-percent (50%) of the options, or any portion of such options, may vest upon the determination of the Compensation Committee, notwithstanding RCN's failure to meet such performance criteria.
- [F2]Rule 16b-3 Option Grant.