GOLDEN TELECOM INC 4
4 · GOLDEN TELECOM INC · Filed Jul 30, 2007
Insider Transaction Report
Form 4
WILSON MICHAEL D
VP, Corp Ctlr., Pr. Acct. Off.
Transactions
- Exercise/Conversion
Acquisition of Common Stock
2007-07-26$24.85/sh+1,250$31,063→ 1,250 total - Disposition to Issuer
Stock Appreciation Rights
2007-07-26−1,250→ 2,500 totalExercise: $24.85From: 2007-07-26Exp: 2011-07-26→ Common Stock (1,250 underlying) - Sale
Sale of Common Stock
2007-07-26$28.95/sh−1,250$36,188→ 0 total
Footnotes (1)
- [F1]Reflects the grant of Stock Appreciation Rights ("SARS") with respect to 5,000 shares of Common Stock, par value $.01 per share. Seventy-five percent of the SAR grant (3,750 shares) is subject to time vesting, one-third (1,250) of which shall become vested and nonforfeitable on each of the first three anniversary dates from July 26, 2006, provided Mr. Wilson remains continuously employed by Golden Telecom, Inc. or one of its subsidiaries or business units until each such relevant date. The remaining twenty-five percent of the SAR grant (1,250 shares) is fully vested. The undersigned has agreed that the maximum amount of cash that he can receive upon exercise of a SAR is the difference between $53.80 and the exercise price ($24.85). The other terms of these SARS are unchanged.