4//SEC Filing
PRIMUS TELECOMMUNICATIONS GROUP INC 4
Accession 0001181431-13-042191
$VATECIK 0001006837operating
Filed
Jul 31, 8:00 PM ET
Accepted
Aug 1, 2:32 PM ET
Size
17.4 KB
Accession
0001181431-13-042191
Insider Transaction Report
Form 4
Day Andrew
CEO of North America
Transactions
- Award
Common Stock
2013-07-30−5,000→ 42,175 total - Award
Common Stock
2013-07-30−3,684→ 45,859 total - Award
Common Stock
2013-04-15−3,684→ 42,175 total - Award
Common Stock
2013-07-30−3,684→ 45,859 total - Award
Common Stock
2013-07-30−5,000→ 42,175 total - Disposition to Issuer
Common Stock
2013-07-30−3,684→ 42,175 total - Tax Payment
Common Stock
2013-07-30$11.98/sh−8,060$96,559→ 37,799 total - Disposition to Issuer
Common Stock
2013-07-30−5,000→ 37,175 total - Disposition to Issuer
Common Stock
2013-07-30−5,000→ 37,175 total
Footnotes (6)
- [F1]On July 5, 2011, the Compensation Committee granted a performance-based award of which one-third vested on April 15, 2013 in conjunction with PTGi meeting certain financial targets for the 2012 fiscal year.
- [F2]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 $24 prior to April 15, 2014. The amendment accelerated the vesting to become fully vested on July 30, 2013.
- [F3]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 $30 prior to April 15, 2014. The amendment accelerated the vesting to become fully vested on July 30, 2013.
- [F4]On July 5, 2011, the Compensation Committee granted a performance-based award of which one-third, or 3,684 shares, vested on April 15, 2012 and one-third, or 3,684 shares, vested on April 15, 2013. The Compensation Committee accelerated the vesting of the final one-third, or 3,684 shares, from April 15, 2014 to July 30, 2013.
- [F5]On July 5, 2011, the Compensation Committee granted a time-based award of which one-third, or 3,684 shares, vested on December 31, 2011 and one-third, or 3,685 shares, vested on December 31, 2012. The Compensation Committee accelerated the vesting of the final one-third, or 3,684 shares, from December 31, 2013 to July 30, 2013.
- [F6]The amount represents the shares withheld to cover the tax liability associated with the vestings on July 30, 2013.
Documents
Issuer
PRIMUS TELECOMMUNICATIONS GROUP INC
CIK 0001006837
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001006837
Filing Metadata
- Form type
- 4
- Filed
- Jul 31, 8:00 PM ET
- Accepted
- Aug 1, 2:32 PM ET
- Size
- 17.4 KB