Rosen Marvin S 4
4 · TERREMARK WORLDWIDE INC · Filed Oct 18, 2004
Insider Transaction Report
Form 4
Rosen Marvin S
Director
Transactions
- Other
Stock Options
2004-06-30$3.25/sh+0$0→ 100,000 totalExercise: $0.00→ Common Stock (100,000 underlying) - Other
Common Stock
2004-06-30+0→ 911,340 total - Other
13% Convertible Debentures due 2005
2004-06-30$75000.00/sh−44,123$3,309,225,000→ 0 totalExercise: $1.70From: 2001-03-28Exp: 2005-12-31→ Common Stock (44,123 underlying) - Other
13% Convertible Debentures due 2005
2004-06-30$250000.00/sh−161,687$40,421,750,000→ 0 totalExercise: $1.55From: 2000-12-29Exp: 2005-12-31→ Common Stock (161,687 underlying)
Footnotes (2)
- [F1]The Stock Options are exercisable in accordance with the following vesting schedule: (a) 33,334 shares vested as of the date of grant, (b) 33,333 shares vested as of the first anniversary of the date of grant and (c) 333,333 shares vested as of the second anniversary of the date of grant. The Stock Options expire ten (10) years from the date of grant.
- [F2]The reported securities were called for redemption by the Issuer at a price equal to their face value plus accrued and unpaid interest, if any.