LEAP WIRELESS INTERNATIONAL INC 4
4 · LEAP WIRELESS INTERNATIONAL INC · Filed Jun 27, 2007
Insider Transaction Report
Form 4
UMETSU GLENN T
Executive VP and CTO
Transactions
- Exercise/Conversion
Common Stock
2007-06-27$26.55/sh+1,643$43,622→ 78,123 total - Sale
Common Stock
2007-06-27$81.69/sh−1,643$134,224→ 76,480 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2007-06-27−1,643→ 71,145 totalExercise: $26.55Exp: 2015-01-05→ Common Stock (1,643 underlying) - Sale
Common Stock
2007-06-27$81.69/sh−1,478$120,745→ 75,002 total
Footnotes (2)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 13, 2006.
- [F2]The option vests as to all the shares on January 5, 2008. The option is subject to acceleration of vesting of up to 30% of the total shares covered by the option in each of 2006 and 2007 upon the Company's announcement of its financial results for the previous fiscal year, if the Company meets certain performance goals in such previous fiscal year.