Home/Filings/4/0001181431-05-012930
4//SEC Filing

FIRDOSY AKBAR H 4

Accession 0001181431-05-012930

CIK 0001096512other

Filed

Feb 27, 7:00 PM ET

Accepted

Feb 28, 3:42 PM ET

Size

15.2 KB

Accession

0001181431-05-012930

Insider Transaction Report

Form 4
Period: 2005-02-25
FIRDOSY AKBAR H
VP and CFO
Transactions
  • Disposition to Issuer

    Class B Common Stock

    2005-02-25$2.06/sh469,100$966,3460 total(indirect: By Trust)
  • Disposition to Issuer

    Stock Option (right to buy)

    2005-02-25837,2000 total
    Exercise: $2.26From: 2005-02-25Exp: 2012-08-20Class B Common Stock (837,200 underlying)
  • Disposition to Issuer

    Class B Common Stock

    2005-02-25$2.06/sh38,200$78,6920 total
  • Disposition to Issuer

    Stock Option (right to buy)

    2005-02-25418,6000 total
    Exercise: $5.88From: 2005-02-25Exp: 2010-11-21Class B Common Stock (418,600 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2005-02-25400,0000 total
    Exercise: $1.53From: 2005-02-25Exp: 2013-08-19Class B Common Stock (400,000 underlying)
Footnotes (4)
  • [F1]Canceled pursuant to the merger agreement between the Issuer and British Telecommunications plc ("BT") in exchange for $2.06 per share merger consideration.
  • [F2]This option was canceled in the merger without consideration due to the exercise price exceeding the $2.06 per share merger consideration.
  • [F3]This option was canceled in the merger in exchange for a cash payment of $212,000.00 by BT, representing the difference between the exercise price of the option and the 2.06 per share merger consideration.
  • [F4]This option was canceled in the merger in exchange for a cash payment of $160,000.00 by BT, representing the difference between the exercise price of the option and the 2.06 per share merger consideration.

Issuer

INFONET SERVICES CORP

CIK 0001096512

Entity typeother

Related Parties

1
  • filerCIK 0001214980

Filing Metadata

Form type
4
Filed
Feb 27, 7:00 PM ET
Accepted
Feb 28, 3:42 PM ET
Size
15.2 KB