US LEC CORP 4
4 · US LEC CORP · Filed Jan 3, 2007
Insider Transaction Report
Form 4
US LEC CORPCLEC
WOTTA RADKE AMY
VP, Controller
Transactions
- Exercise/Conversion
Class A Common Stock
2006-12-29$2.08/sh+12,500$26,000→ 15,686 total - Sale
Class A Common Stock
2006-12-29$9.23/sh−12,500$115,350→ 3,186 total - Exercise/Conversion
Employee Stock Option (right to buy)
2006-12-29−12,500→ 52,500 totalExercise: $2.08Exp: 2016-03-27→ Class A Common Stock (12,500 underlying)
Holdings
- 100(indirect: By Spouse)
Class A Common Stock
Footnotes (1)
- [F1]The Option vests in the following installments: 50% on March 27, 2006, 25% on March 27, 2007, and 25% on March 2, 2008.