MOONEY JAMES F 4
4 · RCN CORP /DE/ · Filed Jan 6, 2006
Insider Transaction Report
Form 4
RCN CORP /DE/RCNI
MOONEY JAMES F
Director
Transactions
- Award
Common Stock
2005-07-19+231,801→ 278,701 total - Award
Options to Purchase Common Stock
2005-07-19+231,801→ 231,801 totalExercise: $31.46Exp: 2011-12-31→ Common Stock (231,801 underlying)
Footnotes (2)
- [F1]Fifty-percent (50%) of the options will vest in 3 equal annual installments of 1/6 on January 1st 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