POSTMA RICHARD 4
4 · ABOVENET INC · Filed Dec 2, 2009
Insider Transaction Report
Form 4
ABOVENET INCABVT
POSTMA RICHARD
Director
Transactions
- Exercise/Conversion
Stock option (Right to Buy)
2009-11-30−6,000→ 0 totalExercise: $10.47Exp: 2013-09-12→ Common Stock (6,000 underlying) - Exercise/Conversion
Stock option (Right to Buy)
2009-11-30−2,000→ 0 totalExercise: $30.00Exp: 2018-09-08→ Common Stock (2,000 underlying) - Exercise/Conversion
Common Stock
2009-11-30$10.47/sh+6,000$62,850→ 15,400 total - Exercise/Conversion
Common Stock
2009-11-30$30.00/sh+2,000$60,000→ 17,400 total - Sale
Common Stock
2009-11-30$52.04/sh−8,000$416,323→ 9,400 total
Footnotes (5)
- [F1]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 4,700 additional shares of Common Stock.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $52.00 to $52.12, 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 range set forth in this footnote (1).
- [F3]This stock option was previously reported as covering 3,000 shares with an exercise price of $20.95 per share, but was adjusted to reflect the stock split referred to in footnote (1) above.
- [F4]This stock option was previously reported as covering 1,000 shares with an exercise price of $60.00 per share, but was adjusted to reflect the stock split referred to in footnote (1) above.
- [F5]Immediately Exercisable.