TORGERSON ERIK M 4
4 · VIA NET WORKS INC · Filed Jan 12, 2004
Insider Transaction Report
Form 4
TORGERSON ERIK M
Director10% Owner
Transactions
- Award
Stock Option (right to buy)
2004-01-08+25,000→ 25,000 totalExercise: $2.00Exp: 2014-01-08→ Common Stock (25,000 underlying) - Award
Common Stock
2004-01-08+18,750→ 18,750 total
Holdings
- 6,892,751(indirect: See footnote number (1))
Common Stock
Footnotes (2)
- [F1]Erik M. Torgerson is a non-managing member of Itasca NEC, L.L.C. ("Itasca NEC"), the managing member of Norwest Equity Capital, L.L.C. ("NEC"), the record holder of the securities reported on Line 2 of Table 1. Mr. Torgerson is also a director of the Issuer. As a non-managing member of Itasca NEC, Mr. Torgerson is not deemed to beneficially own shares held by NEC pursuant to Rule 16a-1(a)(2)(iii).
- [F2]One-third of the shares subject to this option become exercisable on January 1, 2005; the remaining shares become exercisable in 24 equal monthly installments beginning on February 1, 2005.