Jacquay John 4
4 · ABOVENET INC · Filed Oct 14, 2009
Insider Transaction Report
Form 4
ABOVENET INCABVT
Jacquay John
SVP of Sales and Marketing
Transactions
- Sale
Common Stock
2009-10-14$50.02/sh−5,197$259,961→ 105,976 total - Sale
Common Stock
2009-10-12$50.01/sh−5,995$299,828→ 111,973 total - Sale
Common Stock
2009-10-13$50.00/sh−800$40,000→ 111,173 total
Footnotes (3)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.00 to $50.15, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1) and (3).
- [F2]On August 3, 2009, the Issuer declared a two-for-one stock split effected in the form of a 100% stock dividend that was distributed on September 3, 2009, resulting in the Reporting Person's ownership of 58,984 additional shares of Common Stock.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.00 to $50.12, inclusive. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 31, 2009.