ABOVENET INC 4
4 · ABOVENET INC · Filed Feb 11, 2010
Insider Transaction Report
Form 4
ABOVENET INCABVT
BRODSKY JEFFREY A
Director
Transactions
- Award
Common Stock
2009-12-03+3,000→ 18,000 total
Footnotes (2)
- [F1]These shares represent Stock Units which have been granted pursuant to the terms of a Stock Unit Agreement under the Issuer's 2008 Equity Incentive Plan. Each Stock Unit represents the right to receive one share of the Issuer's Common Stock. 1,200 of such Stock Units vest and the underlying shares will be delivered on November 16, 2010 and 1,800 of such Stock Units vest and the underlying shares will be delivered on November 16, 2011.
- [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 7,500 additional shares of Common Stock.