Home/Filings/4/0001240837-03-000003
4//SEC Filing

RUFFALO DANIEL R 4

Accession 0001240837-03-000003

CIK 0001054290other

Filed

Aug 5, 8:00 PM ET

Accepted

Aug 6, 8:56 AM ET

Size

34.5 KB

Accession

0001240837-03-000003

Insider Transaction Report

Form 4
Period: 2003-08-01
RUFFALO DANIEL R
Senior VP, Customer Relations
Transactions
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2003-01-292,00085,000 total
    Exercise: $18.00Exp: 2010-05-25Class A Common Stock (2,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2003-01-2910,00073,000 total
    Exercise: $6.06Exp: 2010-10-19Class A Common Stock (10,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2003-01-293,00070,000 total
    Exercise: $5.81Exp: 2011-01-10Class A Common Stock (3,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2003-01-297,0005,000 total(indirect: By Spouse)
    Exercise: $7.31Exp: 2008-09-18Class A Common Stock (7,000 underlying)
  • Award

    Employee Stock Option (right to buy)

    2003-08-01$4.06/sh+82,000$332,92087,000 total
    Exercise: $4.06Exp: 2013-08-01Class A Common Stock (82,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2003-01-295,00022,000 total(indirect: By Spouse)
    Exercise: $6.06Exp: 2010-10-19Class A Common Stock (5,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2003-01-294,00046,000 total
    Exercise: $26.13Exp: 2009-12-23Class A Common Stock (4,000 underlying)
  • Award

    Employee Stock Option (right to buy)

    2003-08-01$4.06/sh+32,000$129,92032,000 total(indirect: By Spouse)
    Exercise: $4.06Exp: 2013-08-01Class A Common Stock (32,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2003-01-2920,00050,000 total
    Exercise: $5.03Exp: 2011-12-31Class A Common Stock (20,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2003-01-2921,0005,000 total
    Exercise: $7.31Exp: 2008-09-18Class A Common Stock (21,000 underlying)
Holdings
  • Class A Common Stock

    (indirect: By Spouse)
    4,761.495
  • Class A Common Stock

    7,986.362
Footnotes (19)
  • [F1]These options were exercisable at various dates in accordance with the option grants made under issuer's 1998 Omnibus Stock Plan.
  • [F10]On January 29, 2003, issuer canceled an option to purchase 3000 shares of our Class A common stock at $18.00 per share.
  • [F11]On January 29, 2003, issuer canceled an option to purchase 2000 shares of our Class A common stock at $11.4375 per share.
  • [F12]On January 29, 2003, issuer canceled an option to purchase 5000 shares of our Class A common stock at $6.0625 per share.
  • [F13]On January 29, 2003, issuer canceled an option to purchase 2000 shares of our Class A common stock at $5.8125 per share.
  • [F14]On January 29, 2003, issuer canceled an option to purchase 3000 shares of our Class A common stock at $26.1250 per share.
  • [F15]On January 29, 2003, issuer canceled an option to purchase 3000 shares of our Class A common stock at $12.3750 per share.
  • [F16]On January 29, 2003, issuer canceled an option to purchase 2000 shares of our Class A common stock at $5.0300 per share.
  • [F17]On January 29, 2003, issuer canceled an option to purchase 7000 shares of our Class A common stock at $7.3125 per share.
  • [F18]On January 29, 2003, issuer canceled an option to purchase 5000 shares of our Class A common stock at $4.11 per share.
  • [F19]On January 29, 2003, issuer canceled an option to purchase 20000 shares of our Class A common stock at $4.11 per share.
  • [F2]On January 29, 2003, issuer canceled an option to purchase 2000 shares of our Class A common stock at $18.00 per share.
  • [F3]On January 29, 2003, issuer canceled an option to purchase 2000 shares of our Class A common stock at $11.4375 per share.
  • [F4]On January 29, 2003, issuer canceled an option to purchase 10,000 shares of our Class A common stock at $6.0625 per share.
  • [F5]On January 29, 2003, issuer canceled an option to purchase 3000 shares of our Class A common stock at $5.8125 per share.
  • [F6]On January 29, 2003, issuer canceled an option to purchase 20,000 shares of our Class A common stock at $5.0300 per share.
  • [F7]On January 29, 2003, issuer canceled an option to purchase 4000 shares of our Class A common stock at $26.1250 per share.
  • [F8]On January 29, 2003, issuer canceled an option to purchase 21,000 shares of our Class A common stock at $7.3125 per share.
  • [F9]This option was granted in exchange for the options that were canceled as described in the preceding footnotes. This option becomes exercisable in accordance with the terms set forth in the issuer's Offer to Exchange, dated December 20, 2002.

Issuer

US LEC CORP

CIK 0001054290

Entity typeother

Related Parties

1
  • filerCIK 0001240837

Filing Metadata

Form type
4
Filed
Aug 5, 8:00 PM ET
Accepted
Aug 6, 8:56 AM ET
Size
34.5 KB