PRIMUS TELECOMMUNICATIONS GROUP INC 4
4 · PRIMUS TELECOMMUNICATIONS GROUP INC · Filed Aug 12, 2011
Insider Transaction Report
Form 4
HOLLIDAY MARK E
Director
Transactions
- Award
Common Stock
2011-08-10+5,000→ 6,250 total - Award
Stock Option (right to buy)
2011-08-10+10,000→ 10,000 totalExercise: $11.71Exp: 2021-08-10→ Common Stock (10,000 underlying)
Footnotes (4)
- [F1]Annual Grant of Director RSUs. The common stock reported represents the grant of restricted stock units that vest as to one-half of the shares on August 10, 2012, and one-half of the shares on August 10, 2013.
- [F2]Consists of (a) 1,250 restricted stock units that vest as to one-half of the shares on May 11, 2012 and one-half of the shares on May 11, 2013, and (b) the amount described in footnote 1.
- [F3]The exercise price of the option is the closing price of the Issuer's common stock on the NYSE on August 10, 2011, which was the grant date of the option.
- [F4]Annual Grant of Director Stock Options. The option vests as to one-third of the shares on August 10, 2011, one-third of the shares on August 10, 2012, and one-third of the shares on August 10, 2013.