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US LEC CORP·4

Aug 6, 4:41 PM ET

WOTTA AMY 4

4 · US LEC CORP · Filed Aug 6, 2003

Insider Transaction Report

Form 4
Period: 2003-08-01
US LEC CORPCLEC
WOTTA RADKE AMY
VP, Controller
Transactions
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2003-01-29−5,000→ 54,000 total
    Exercise: $6.06Exp: 2009-12-23→ Class A Common Stock (5,000 underlying)
  • Award

    Employee Stock Option (right to buy)

    2003-08-01$4.06/sh+52,500$213,150→ 65,000 total
    Exercise: $4.06Exp: 2013-08-01→ Class A Common Stock (57,500 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2003-01-29−19,000→ 21,500 total
    Exercise: $7.31Exp: 2010-10-19→ Class A Common Stock (19,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2003-01-29−7,500→ 41,500 total
    Exercise: $26.13Exp: 2010-05-25→ Class A Common Stock (7,500 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2003-01-29−3,000→ 62,000 total
    Exercise: $18.00Exp: 2010-05-25→ Class A Common Stock (3,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2003-01-29−6,000→ 15,500 total
    Exercise: $16.50Exp: 2011-01-10→ Class A Common Stock (6,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2003-01-29−1,000→ 40,500 total
    Exercise: $23.50Exp: 2010-07-31→ Class A Common Stock (1,000 underlying)
Holdings

  • Class A Common Stock

    3,186

  • Class A Common Stock

    (indirect: By Spouse)
    100
Footnotes (13)
  • [F1]Total amount of securities beneficially owned as of August 4, 2003 reflects an increase due to reporting person's participation in the US LEC Corp. Employee Stock Purchase Plan.
  • [F10]On January 29, 2003, issuer canceled an option to purchase 6,000 shares of our Class A common stock at $16.50 per share.
  • [F11]On January 29, 2003, issuer canceled an option to purchase 3,000 shares of our Class A common stock at $5.8125 per share.
  • [F12]On January 29, 2003, issuer canceled an option to purchase 5,000 shares of our Class A common stock at $4.11 per share.
  • [F13]This option was granted in exchange for the options that were canceled as described in the preceding footnotes. This option becomes exercisable in accordance with the terms set forth in the issuer's Offer to Exchange, dated December 20, 2002.
  • [F2]These options were exercisable at various dates in accordance with the option grants made under issuer's 1998 Omnibus Stock Plan.
  • [F3]On January 29, 2003, issuer canceled an option to purchase 3,000 shares of our Class A common stock at $18.00 per share.
  • [F4]On January 29, 2003, issuer canceled an option to purchase 3,000 shares of our Class A common stock at $11.4375 per share.
  • [F5]On January 29, 2003, issuer canceled an option to purchase 5,000 shares of our Class A common stock at $6.0625 per share.
  • [F6]On January 29, 2003, issuer canceled an option to purchase 5,000 shares of our Class A common stock at $5.03 per share.
  • [F7]On January 29, 2003, issuer canceled an option to purchase 7,500 shares of our Class A common stock at $26.125 per share.
  • [F8]On January 29, 2003, issuer canceled an option to purchase 1,000 shares of our Class A common stock at $23.50 per share.
  • [F9]On January 29, 2003, issuer canceled an option to purchase 19,000 shares of our Class A common stock at $7.3125 per share.

Documents

2 files
  • 4
    edgar.xmlPrimary

    PRIMARY DOCUMENT

  • EX-24
    attach_1.txt

    WOTTA POWER OF ATTY.