BROOKS FIBER PROPERTIES INC 4
4 · BROOKS FIBER PROPERTIES INC · Filed Feb 10, 1998
Insider Transaction Report
Form 4
No transactions or holdings reported in this filing.
Footnotes (3)
- [1]Each outstanding share of Brooks Fiber Properties, Inc. ("BFP") common stock was exchanged for 1.85 shares of WorldCom, Inc. ("WorldCom") common stock, having a value of $34.984 per share, pursuant to the merger of a wholly-owned subsidiary of WorldCom into BFP (the "Merger").
- [2]Represents securities held directly by Linda Allen, the wife of the reporting person. The reporting person disclaims beneficial ownership of such securities, and this report should not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- [3]This option was assumed by WorldCom in the Merger and is now exercisable for 123,334 shares of WorldCom common stock at an exercise price of $6.757 per share. **Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). James C. Allen February 10, 1998 - --------------------------------------------- --------------------------- **