ITC DELTACOM INC 4
4 · ITC DELTACOM INC · Filed Dec 8, 2010
Insider Transaction Report
Form 4
ITC DELTACOM INCITCD.OB
PLUNKETT SARA L
Senior Vice President-Finance
Transactions
- Disposition to Issuer
Common Stock
2010-12-08−189,164→ 0 total - Disposition to Issuer
Common Stock
2010-12-08$3.00/sh−44,884$134,652→ 0 total
Footnotes (1)
- [F1]Disposition of (i) 117,482.5 restricted stock units granted under the Issuer's stock incentive plans ("Deltacom RSUs") in exchange for a cash payment of $3.00 per unit and (ii) 71,681.5 Deltacom RSUs in exchange for restricted stock units with respect to shares of EarthLink, Inc. common stock ("EarthLink RSUs") using an exchange ratio of 0.33 EarthLink RSUs for each Deltacom RSU, pursuant to a merger agreement, dated as of October 1, 2010 (the "Merger Agreement"), by and among EarthLink, Inc. ("EarthLink"), Egypt Merger Corp. and the Issuer.