Home > Insider Trading > Filing (0001181431-11-040529)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1292653	Neutral Tandem Inc	TNDM	Telephone Communications (No Radiotelephone) (4813)	000000000

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1416385	Surendra Saboo	C/O Neutral Tandem, Inc. 550 W. Adams Street, Suite 900 Chicago IL 60661	President & Coo	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock, Par Value $0.001 Per Share	Acquisiton	2011-07-06	10,000	$1.33	158,900	No	4	M	Direct
Common Stock, Par Value $0.001 Per Share	Disposition	2011-07-06	10,000	$17.10	148,900	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

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Employee Stock Option (right to buy)	Disposition	2011-07-06	10,000	$0.00	10,000	$1.33

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
45,876		2016-05-09	No	4	M	Direct

Footnotes

The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
Represents the weighted average trading price of the shares sold. The trading range for these shares was $17.02 to $17.15. The reporting person will provide full information regarding the number of shares sold at each separate price upon request by the Securities and Exchange Commission, the issuer or a securityholder of the issuer.
One-third of the original 325,000 options granted to which this line item relates vested on 5/09/2007, the remaining two-thirds of the options vested in equal monthly installments over the subsequent 36 months.