-----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, Riz0ttcvsAXGzISswU4mDbKQTjzl3DQtpw4TinUxaZ7kkxPJPJvbkujaKAZ2mW3Z O/y+y0vJBozYRryrymlh3Q== 0001108890-03-000312.txt : 20030917 0001108890-03-000312.hdr.sgml : 20030917 20030917171020 ACCESSION NUMBER: 0001108890-03-000312 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20030915 FILED AS OF DATE: 20030917 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BLANCHARD ROBERT A CENTRAL INDEX KEY: 0001158448 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-15482 FILM NUMBER: 03899976 BUSINESS ADDRESS: STREET 1: 5075 CASCADE ROAD SE, SUITE A CITY: GRAND RAPIDS STATE: MI ZIP: 49546 MAIL ADDRESS: STREET 1: 5075 CASCADE ROAD SE, SUITE A CITY: GRAND RAPIDS STATE: MI ZIP: 49546 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: BESTNET COMMUNICATIONS CORP CENTRAL INDEX KEY: 0000799694 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 861006416 STATE OF INCORPORATION: NV FISCAL YEAR END: 0831 BUSINESS ADDRESS: STREET 1: 5210 E WILLIAMS CIRCLE STREET 2: STE 200 CITY: TUCSON STATE: AR ZIP: 85711 BUSINESS PHONE: 5207509093 MAIL ADDRESS: STREET 1: 5210 E WILLIAMS CIRCLE CITY: TUCSON STATE: AZ ZIP: 85711 FORMER COMPANY: FORMER CONFORMED NAME: WAVETECH INTERNATIONAL INC DATE OF NAME CHANGE: 19980225 FORMER COMPANY: FORMER CONFORMED NAME: WAVETECH INC DATE OF NAME CHANGE: 19920703 4 1 form4blanchard-091503_ex.xml X0201 4 2003-09-15 0 0000799694 BESTNET COMMUNICATIONS CORP BESC.OB 0001158448 BLANCHARD ROBERT A 5075 CASCADE ROAD SE, SUITE K GRAND RAPIDS MI 49546 1 1 0 0 President & CEO Stock Options(1) (2) right to buy 2.90 2003-09-15 2003-09-15 4 A 0 475000 2.90 D 2001-06-19 2011-06-19 Common Stock 475000 200000 D Stock Options (2) (right to buy) .52 2003-09-15 2003-09-15 4 A 0 100000 .52 A 2004-09-15 2013-09-15 Common Stock 100000 300000 D Stock Options (2) (right to buy) .52 2003-09-15 2003-09-15 4 A 0 100000 .52 A 2005-08-03 2013-09-15 Common Stock 100000 400000 D Stock Options (2) (right to buy) .52 2003-09-15 2003-09-15 4 A 0 100000 .52 A 2006-08-03 2013-09-15 Common Stock 100000 500000 D Stock Options (2) (3) (right to buy) .52 2003-09-15 2003-09-15 4 A 0 200000 .52 A 2003-09-15 2013-09-15 Common Stock 200000 700000 D (1) On September 15, 2003 the options were cancelled by mutual agreement between the reporting person and the Compensation Committee of BestNet Communications Corp. (2) Per review of executive contacts by the Compensation Committee comprised of independent directors of BestNet Communications Corp. The following options reflect options involved in the existing employment contract and a two year extension. (3) These options shall vest, if at all, upon achieving positive earnings per share for an entire fiscal year. Robert A. Blanchard 2003-09-17 -----END PRIVACY-ENHANCED MESSAGE-----