FERNANDEZ ANTONIO S 4
4 · TERREMARK WORLDWIDE INC · Filed Jun 20, 2005
Insider Transaction Report
Form 4
FERNANDEZ ANTONIO S
Director
Transactions
- Purchase
Common Stock
2005-06-16$6.05/sh+5,000$30,250→ 50,591 total
Holdings
- 2
Warrants
Exercise: $9.00From: 2004-06-02Exp: 2014-06-02→ Common Stock (1,400 underlying) - 10,000
Stock Options
Exercise: $7.90From: 2003-08-08Exp: 2013-08-07→ Common Stock (10,000 underlying) - 2
Series I Convertible Preferred Stock
Exercise: $7.50From: 2004-06-02→ Common Stock (6,667 underlying) - 11,500
Stock Options
Exercise: $6.00From: 2004-10-08Exp: 2014-10-08→ Common Stock (11,500 underlying)
Footnotes (3)
- [F1]The share amounts reflect the Reporting Person's holdings after the 1:10 reverse stock split which was effective May 16, 2005.
- [F2]The Stock Options become excercisable with the following vesting schedule: (a) 1/3 shares vest as of the date of grant, (b) 1/3 shares vest as of the first anniversary of the date of grant and (c) 1/3 shares vest as of the second anniversary of the date of grant. The Stock Options expire ten (10) years from the date of grant.
- [F3]The Stock Options become excercisable in accordance with the following vesting schedule: a) 10,000 shares vest for each director meeting attended on or after January 21, 2005 and b) any unvested options as of July 21,2006 will be forfeited.