INNOVATE Corp. — Director's Dealing 2011

Mar 31, 2011

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: PRIMUS TELECOMMUNICATIONS GROUP INC (NONE)
CIK: 0001006837
Period of Report: 2011-03-28

Reporting Person: Lawson Tracy (See Remarks)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	404	Direct

Footnotes

F1: Consists of 157 shares of common stock and 247 shares of common stock subject to restricted stock units that vest as to 82
shares on April 1, 2011 and April 1, 2012 and as to 83 shares on April 1, 2013. The shares of common stock and restricted
stock units were initially issued by Arbinet Corporation ("Arbinet") and were converted into shares of common stock issuable
in Primus Telecommunications Group, Incorporated ("Primus"), following Primus' merger with Arbinet on February 28, 2011.