ROSENFELD MIGUEL 4
4 · TERREMARK WORLDWIDE INC · Filed Sep 19, 2003
Insider Transaction Report
Form 4
ROSENFELD MIGUEL
Director
Transactions
- Award
Stock Options
2003-07-22$3.25/sh+0$0→ 100,000 totalExercise: $0.00From: 2000-09-21Exp: 2010-09-21→ Common Stock (100,000 underlying) - Purchase
Common Stock
2003-09-18+0→ 24,000 total(indirect: By Mother) - Purchase
Common Stock
2003-09-18$0.30/sh+1,000,000$300,000→ 1,000,000 total(indirect: By Top Products Investments, Inc.)
Footnotes (2)
- [F1]The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- [F2]The Stock Options become exercisable in accordance with the following vesting schedule: (a) 33,334 shares vest as of the date of grant, (b) 33,333 shares vest as of the first anniversary of the date of grant and (c) 33,333 shares vest as of the second anniversary of the date of grant. The Stock Options expire ten (10) years from the date of grant.