-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, KZxhYBm9G9xouiqCXwPNj+dxK6gAty1IlUWGg4ZNMPnSHXTEB8JOtK9AJbxFrGui bR7Nnn6ixyMJ74rb9NEzzQ== 0001181431-03-017429.txt : 20030805 0001181431-03-017429.hdr.sgml : 20030805 20030805214116 ACCESSION NUMBER: 0001181431-03-017429 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20030801 FILED AS OF DATE: 20030805 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: FLAUM DAVID M CENTRAL INDEX KEY: 0001060477 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-24061 FILM NUMBER: 03824944 BUSINESS ADDRESS: STREET 1: 212 SOUTH TRYON STREET STREET 2: SUITE 1540 CITY: CHARLOTTE STATE: NC ZIP: 28281 MAIL ADDRESS: STREET 1: 212 SOUTH TRYON STREET STREET 2: SUITE 1540 CITY: CHARLOTTE STATE: NC ZIP: 28281 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: US LEC CORP CENTRAL INDEX KEY: 0001054290 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 562065535 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 6801 MORRISON BOULEVARD STREET 2: MORROCROFT III CITY: CHARLOTTE STATE: NC ZIP: 28211 BUSINESS PHONE: 704-319-1000 MAIL ADDRESS: STREET 1: 6801 MORRISON BOULEVARD STREET 2: MORROCROFT III CITY: CHARLOTTE STATE: NC ZIP: 28211 4 1 rrd15114.xml FORM 4 FOR DAVID FLAUM X0201 42003-08-010 0001054290 US LEC CORP (CLEC) 0001060477 FLAUM DAVID M 6801 MORRISON BOULEVARD MORROCROFT III CHARLOTTE NC 28211 1000Stock Option (right to buy)7.31252003-01-294D050000D2008-09-18Class A Common Stock500040000DStock Option (right to buy)15.3752003-01-294D050000D2009-02-25Class A Common Stock500035000DStock Option (right to buy)7.68752003-01-294D0100000D2011-03-15Class A Common Stock1000025000DStock Option (right to buy)4.832003-01-2 94D0250000D2012-02-07Class A Common Stock250000DStock Option (right to buy)4.032003-08-014A0450004.03A2013-08-01Class A Common Stock4500045000DThese options were exercisable at various dates in accordance with the option grants made under the issuer's 1998 Omnibus Stock Plan.On January 29, 2003, issuer canceled an option to purchase 5,000 shares of our Class A common stock at an exercise price of $7.3125 per share.On January 29, 2003, issuer canceled an option to purchase 5,000 shares of our Class A common stock at an exercise price of $15.375 per share.On January 29, 2003, issuer canceled an option to purchase 10,000 shares of our Class A common stock at an exercise price of $7.6875 per share.On January 29, 2003, issuer canceled an option to purchase 25,000 shares of our Class A common stock at an exercise price of $4.83 per share.This option was granted in exchange for the options that were canceled as described in the preceding footnotes. This option becomes exercisable in accordance with the terms set forth in the issuer's Exchange Offer, dated December 20, 2002.David M. Flaum2003-08-05 -----END PRIVACY-ENHANCED MESSAGE-----