GLOBAL CROSSING LTD 4
4 · GLOBAL CROSSING LTD · Filed Oct 6, 2011
Insider Transaction Report
Form 4
LAMBERT JEREMIAH D
Other
Transactions
- Disposition to Issuer
Common Stock
2011-10-04−34,219→ 0 total
Footnotes (2)
- [F1]These securities were disposed of pursuant to an agreement and plan of amalgamation dated as of April 10, 2011 (the 'Amalgamation Agreement') by and among Level 3 Communications, Inc. ('Level 3') Apollo Amalgamation Sub, Ltd. ('Apollo') and the Issuer. In accordance with the terms of the Amalgamation Agreement, Apollo was amalgamated with and into the Issuer (the 'amalgamation'), the Issuer became a wholly-owned subsidiary of Level 3 and each holder of Issuer common stock prior to the amalgamation is receiving sixteen (16) shares of Level 3 common stock for each share of Issuer common stock held at the effective time of the amalgamation.
- [F2]Includes 2,468 time-based restricted stock units ('RSUs') from a previously reported grant which vested at the effective time of the amalgamation.