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Home > Insider Trading > Filing (0001181431-11-027876)

Filing Details

Accession Number:: 0001181431-11-027876
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2011-05-06 18:01:41
Reporting Period:: 2011-05-04

Filing Date:: 2011-05-06
Accepted Time:: 2011-05-06 17:01:41
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1061322	Global Crossing Ltd	GLBC	Telephone Communications (No Radiotelephone) (4813)	980189783

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1266046	B John Mcshane	Global Crossing Limited 110 East 59Th Street New York NY 10022	Evp And General Counsel	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2011-05-04	10,000	$10.16	161,536	No	4	M	Direct
Common Stock	Disposition	2011-05-04	15,000	$24.36	146,536	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Employee Stock Option (right to buy)	Disposition	2011-05-04	10,000	$0.00	10,000	$10.16

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
40,000		2013-12-09	No	4	M	Direct

Footnotes

This sale was effected pursuant to a Rule 10b5-1 plan that the reporting person entered into prior to the date of the transaction.
Represents the average sale price of the shares sold ranging from a low of $24.20 to a high of $24.815 per share.
These stock options were part of a grant made on December 9, 2003 that vested in three equal installments on December 9, 2004, 2005 and 2006.