4//SEC Filing
TERREMARK WORLDWIDE INC 4
Accession 0001263337-05-000005
CIK 0000912890operating
Filed
Feb 27, 7:00 PM ET
Accepted
Feb 28, 1:54 PM ET
Size
18.6 KB
Accession
0001263337-05-000005
Insider Transaction Report
Form 4
FERNANDEZ ANTONIO S
Director
Transactions
- Award
Stock Options
2004-10-08$0.60/sh+115,000$69,000→ 115,000 totalExercise: $0.60From: 2004-10-08Exp: 2014-10-08→ Common Stock (115,000 underlying) - Award
Series I Convertible Preferred Stock
2004-06-02$50000.00/sh+2$100,000→ 2 totalExercise: $0.75From: 2004-06-02Exp: 2014-06-02→ Common Stock (66,667 underlying) - Award
Stock Options
2003-08-08$0.79/sh+100,000$79,000→ 100,000 totalExercise: $0.79From: 2003-08-08Exp: 2013-08-07→ Common Stock (100,000 underlying) - Purchase
Common Stock
2005-02-11$0.67/sh+139,000$92,435→ 355,908 total - Purchase
Common Stock
2005-02-11$0.73/sh+100,000$73,500→ 455,908 total - Award
Stock Options
2005-01-21$0.63/sh+100,000$63,000→ 100,000 totalExercise: $0.63From: 2005-01-21Exp: 2015-01-21→ Common Stock (100,000 underlying) - Award
Warrants
2004-06-02$50000.00/sh+2$100,000→ 2 totalExercise: $0.90From: 2004-06-02Exp: 2014-06-02→ Common Stock (14,000 underlying)
Footnotes (4)
- [F1]On February 11, 2005, TWW declared and issued a quarterly stock dividend of 862 shares of TWW's Common Stock per share of Series I Convettible Preferred Stock payable to all holders of Series I Convertible Preferred Stock. As a result, the Reporting Person received 1,742 shares of Common Stock on February 11, 2005.
- [F2]The Stock Options become exercisable with the following vesting schedule: (a) 1/3 shares vest as of the date of grant, (b) 1/3 shares vest as of the first anniversary of the date of grant and (c) 1/3 shares vest as of the second anniversary of the date of grant. The Stock Options expire ten (10) years from the date of grant.
- [F3]The Stock Options become exercisable in accordance with the following vesting schedule: a) 10,000 shares vest for each director meeting attended on or after January 21, 2005 and b) any unvested options as of July 21, 2006 will be forfeited.
- [F4]The reported securities are included with Units purchased by the Reporting Person for $25,000 per Unit. Each Unit consists of one share of Series I Convertible Preferred Stock and one Warrant to purchase 7,000 shares of Common Stock.
Documents
Issuer
TERREMARK WORLDWIDE INC
CIK 0000912890
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000912890
Filing Metadata
- Form type
- 4
- Filed
- Feb 27, 7:00 PM ET
- Accepted
- Feb 28, 1:54 PM ET
- Size
- 18.6 KB