GLOBAL CROSSING LTD 4
4 · GLOBAL CROSSING LTD · Filed Aug 5, 2011
Insider Transaction Report
Form 4
ENRIGHT DAN
EVP, Operations
Transactions
- Exercise/Conversion
Common Stock
2011-08-03$10.16/sh+11,110$112,878→ 169,991 total - Sale
Common Stock
2011-08-03$34.47/sh−26,440$911,511→ 147,551 total - Exercise/Conversion
Common Stock
2011-08-03$15.39/sh+4,000$61,560→ 173,991 total - Exercise/Conversion
Stock Option (right to buy)
2011-08-03−11,110→ 0 totalExercise: $10.16Exp: 2013-12-09→ Common Stock (11,110 underlying) - Exercise/Conversion
Stock Option (right to buy)
2011-08-03−4,000→ 5,000 totalExercise: $15.39Exp: 2014-12-15→ Common Stock (4,000 underlying)
Footnotes (4)
- [F1]This sale was effected pursuant to a Rule 10b5-1 plan that the reporting person entered into prior to the date of the transaction.
- [F2]Represents the average sale price of the shares sold ranging from a low of $33.83 to a high of $35.13 per share.
- [F3]These stock options were part of a grant made on December 9, 2003 that vested in three equal installments on December 9, 2004, 2005 and 2006.
- [F4]These stock options were part of a grant made on December 15, 2004 that vested in three equal installments on December 15, 2005, 2006 and 2007.