Samuelson Robert 4
4 · Virgin Mobile USA, Inc. · Filed Oct 15, 2009
Insider Transaction Report
Form 4
Samuelson Robert
Director
Transactions
- Other
Class A Common Stock
2009-10-13−1,333→ 34,667 total
Footnotes (2)
- [F1]On October 16, 2007, 5,333 Restricted Stock Units were granted to the reporting person in connection with Virgin Mobile USA, Inc.'s regular director compensation arrangements. Pursuant to arrangements between the Virgin Group and directors of Virgin Mobile USA, Inc. who are employed by the Virgin Group, Mr. Samuelson previously reported that he may not have a beneficial ownership interest in all or any of such Restricted Stock Units. Mr. Samuelson disclaims beneficial ownership of such securities and all other securities reported in column 5 of Table I, except to the extent of his pecuniary interest therein, if any, and the inclusion of the securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or any other purpose. The Restricted Stock Units vest 25% on October 10, 2008, 25% on October 10, 2009, 25% on October 10, 2010 and 25% on October 10, 2011.
- [F2]In connection with the vesting of 25% of the Restricted Stock Units on October 10, 2009 and pursuant to arrangements between the Virgin Group and the reporting persons, the Virgin Group purchased from the reporting person the shares deliverable upon such vesting for $4.72 per share.