FLAG TELECOM GROUP LTD 4
4 · FLAG TELECOM GROUP LTD · Filed Jan 13, 2004
Insider Transaction Report
Form 4
FLAG TELECOM GROUP LTD(FTGLF.PK)
SCHER BRADLEY E
Director
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy)
2004-01-12−5,600→ 0 totalExercise: $14.00Exp: 2013-03-19→ Common Shares (5,600 underlying)
Footnotes (2)
- [F1]At the time of grant, the option was to vest in three equal annual installments beginning on March 19, 2004.
- [F2]The option was cancelled by mutual agreement of the Reporting Person and the Issuer. The Reporting Person received $467,096 as consideration for the cancellation.