Browne Vincent 5
5 · FLINT TELECOM GROUP INC. · Filed Aug 14, 2009
Insider Transaction Report
Form 5
Browne Vincent
DirectorChief Executive Officer10% Owner
Transactions
- Other
common stock
2008-12-16+2,597,000→ 11,723,968 total - Conversion
common stock
2009-06-30+690,968→ 11,723,968 total(indirect: By Flint Telecom, Ltd.)
Footnotes (2)
- [F1]This number of shares represents Mr. Browne's proportionate interest in the 9,348,000 shares of restricted common stock that was acquired by Flint Telecom, Inc. as part of the asset acquisition of Flint Telecom, Inc.'s assets by the Issuer on October 1, 2008; Flint Telecom, Inc. subsequently distributed these shares to its shareholders, Mr. Browne being one of them, on December 16, 2008 as a result of its merger with and into Flint Telecom Group, Inc. (the Issuer).
- [F2]This number of shares represents Mr. Browne's proportionate interest in the 2,303,227 shares of restricted common stock acquired by Flint Telecom, Ltd. through the conversion of certain convertible promissory notes at $0.275 per share.