4//SEC Filing
SCHWARZ KEN 4
Accession 0001181431-12-038425
CIK 0001006837other
Filed
Jun 28, 8:00 PM ET
Accepted
Jun 29, 11:53 AM ET
Size
13.1 KB
Accession
0001181431-12-038425
Insider Transaction Report
Form 4
SCHWARZ KEN
CFO (PFO); SVP, IT
Transactions
- Tax Payment
Common Stock
2012-06-27$16.63/sh−5,948$98,915→ 26,835 total - Award
Common Stock
2012-06-27+5,000→ 28,982 total - Disposition to Issuer
Common Stock
2012-06-27−5,000→ 23,982 total - Award
Common Stock
2012-06-27+3,801→ 32,783 total
Footnotes (3)
- [F1]Amendment of outstanding RSU resulting in deemed cancellation of RSU and grant of replacement RSU. The RSU was originally granted on July 5, 2011 and provided for vesting if PTGi's stock price closes at or above $18 prior to April 15, 2014. The amendment accelerated the vesting to become fully vested on June 27, 2012.
- [F2]On July 5, 2011, the Compensation Committee granted a performance-based award of which one-third, or 3,801 shares, vested on April 15, 2012. The Compensation Committee accelerated the vesting of the second one-third, or 3,801 shares, from April 15, 2013 to June 27, 2012.
- [F3]Shares withheld to cover the tax liability associated with the vestings on June 27, 2012.
Issuer
PRIMUS TELECOMMUNICATIONS GROUP INC
CIK 0001006837
Entity typeother
Related Parties
1- filerCIK 0001279417
Filing Metadata
- Form type
- 4
- Filed
- Jun 28, 8:00 PM ET
- Accepted
- Jun 29, 11:53 AM ET
- Size
- 13.1 KB