WINGFIELD TERRELL W JR 4
4 · ARBINET THEXCHANGE INC · Filed Feb 20, 2009
Insider Transaction Report
Form 4
WINGFIELD TERRELL W JR
General Counsel and Secretary
Transactions
- Award
Common Stock
2009-02-18+3,794→ 27,502 total - Award
Stock Appreciation Right
2009-02-18+50,000→ 50,000 totalExercise: $1.63From: 2009-03-18Exp: 2019-02-18→ Common Stock (50,000 underlying)
Footnotes (2)
- [F1]Includes (a) 2,530 shares of restricted stock which vest in equal parts on each of February 18, 2010 and February 18, 2011; (b) 18,241 restricted stock units which vest in equal parts on each of March 2, 2009 and March 1, 2010; and (c) 6,731 shares of common stock held by Mr. Wingfield.
- [F2]The stock appreciation right vests monthly, in equal installments, over the four years following the date of grant.