MANNARA FRED 4
4 · US LEC CORP · Filed Aug 6, 2003
Insider Transaction Report
Form 4
US LEC CORPCLEC
MANNARA FRED
Senior VP, Sales
Transactions
- Award
Employee Stock Option (right to buy)
2003-08-01$4.06/sh+123,750$502,425→ 123,750 totalExercise: $4.06Exp: 2013-08-01→ Class A Common Stock (123,750 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2003-01-29−3,750→ 60,750 totalExercise: $7.31Exp: 2008-09-18→ Class A Common Stock (3,750 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2003-01-29−7,500→ 20,000 totalExercise: $7.31Exp: 2008-09-18→ Class A Common Stock (7,500 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2003-01-29−40,000→ 75,750 totalExercise: $11.44Exp: 2010-07-31→ Class A Common Stock (40,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2003-01-29−1,250→ 64,500 totalExercise: $5.03Exp: 2011-12-31→ Class A Common Stock (1,250 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2003-01-29−7,000→ 68,750 totalExercise: $6.06Exp: 2010-10-19→ Class A Common Stock (7,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2003-01-29−8,000→ 31,250 totalExercise: $29.50Exp: 2010-01-05→ Class A Common Stock (8,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2003-01-29−3,000→ 120,750 totalExercise: $23.50Exp: 2010-04-18→ Class A Common Stock (3,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2003-01-29−1,500→ 59,250 totalExercise: $12.38Exp: 2008-12-23→ Class A Common Stock (1,500 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2003-01-29−10,000→ 44,250 totalExercise: $24.75Exp: 2009-08-17→ Class A Common Stock (10,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2003-01-29−20,000→ 0 totalExercise: $4.11Exp: 2011-04-19→ Class A Common Stock (20,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2003-01-29−5,000→ 115,750 totalExercise: $18.00Exp: 2010-05-25→ Class A Common Stock (5,000 underlying)
Holdings
- 17,921
Class A Common Stock
Footnotes (17)
- [F1]These options were exercisable at various dates in accordance with the option grants made under issuer's 1998 Omnibus Stock Plan.
- [F10]On January 29, 2003, issuer canceled an option to purchase 5000 shares of our Class A common stock at $18.375 per share.
- [F11]On January 29, 2003, issuer canceled an option to purchase 10000 shares of our Class A common stock at $24.75 per share.
- [F12]On January 29, 2003, issuer canceled an option to purchase 5000 shares of our Class A common stock at $26.125 per share.
- [F13]On January 29, 2003, issuer canceled an option to purchase 8000 shares of our Class A common stock at $29.50 per share.
- [F14]On January 29, 2003, issuer canceled an option to purchase 3750 shares of our Class A common stock at $5.03 per share.
- [F15]On January 29, 2003, issuer canceled an option to purchase 7500 shares of our Class A common stock at $7.3125 per share.
- [F16]On January 29, 2003, issuer canceled an option to purchase 20,000 shares of our Class A common stock at $4.11 per share.
- [F17]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]On January 29, 2003, issuer canceled an option to purchase 3000 shares of our Class A common stock at $23.50 per share.
- [F3]On January 29, 2003, issuer canceled an option to purchase 5000 shares of our Class A common stock at $18.00 per share.
- [F4]On January 29, 2003, issuer canceled an option to purchase 40,000 shares of our Class A common stock at $11.4375 per share.
- [F5]On January 29, 2003, issuer canceled an option to purchase 7000 shares of our Class A common stock at $6.0625 per share.
- [F6]On January 29, 2003, issuer canceled an option to purchase 3000 shares of our Class A common stock at $5.8125 per share.
- [F7]On January 29, 2003, issuer canceled an option to purchase 1250 shares of our Class A common stock at $5.03 per share.
- [F8]On January 29, 2003, issuer canceled an option to purchase 3750 shares of our Class A common stock at $7.3125 per share.
- [F9]On January 29, 2003, issuer canceled an option to purchase 1500 shares of our Class A common stock at $12.375 per share.