4//SEC Filing
WIRELESS FACILITIES INC 4
Accession 0001245307-03-000044
$KTOSCIK 0001069258operating
Filed
Jul 27, 8:00 PM ET
Accepted
Jul 28, 4:42 PM ET
Size
6.2 KB
Accession
0001245307-03-000044
Insider Transaction Report
Form 4
TAYEBI MASSIH
10% Owner
Transactions
- Other
Forward Contract (right/obligation to sell)
2003-07-24$12.01/sh−800,000$9,608,000→ 6,264,355 total(indirect: By Trust)
Footnotes (1)
- [F1]On July 24th, 2003, The Unity Trust entered into a binding term sheet for a prepaid variable share forward contract (the "Contract") with an unaffiliated third party (the "Buyer"). The contract dated July 24th, 2003 related to the disposition by the Unity Trust of 800,000 shares of Common Stock held by the Unity Trust (the "Contract Shares"). Specifically, the Contract obligates the Unity Trust to deliver to the buyer on July 24th, 2006 a number of shares of Common Stock equal to the product of the Exchange Rate times 800,000 shares.The Exchange Rate is equal to $12.01 per share. Pursuant to the Contract, The Unity Trust received from the Buyer $8,271,527.20 , representing the purchase price of the Contract Shares before expenses and fees.
Documents
Issuer
WIRELESS FACILITIES INC
CIK 0001069258
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001069258
Filing Metadata
- Form type
- 4
- Filed
- Jul 27, 8:00 PM ET
- Accepted
- Jul 28, 4:42 PM ET
- Size
- 6.2 KB