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INNOVATE Corp. Director's Dealing 2012

Apr 17, 2012

34366_dirs_2012-04-17_1aef26c2-516a-4b11-99fc-dc069be59651.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PRIMUS TELECOMMUNICATIONS GROUP INC (PTGI)
CIK: 0001006837
Period of Report: 2012-04-15

Reporting Person: Keeley James C (Corp.Controller(PAO);Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-04-15	Common Stock	A	2193	—	Acquired	17966	Direct
2012-04-15	Common Stock	F	936	$16.76	Disposed	17030	Direct

Footnotes

F1: On July 5, 2011, the Compensation Committee granted this performance-based award, which vested on April 15, 2012 in conjunction with PTGi meeting certain financial targets for the 2011 fiscal year.

F2: Shares withheld to cover the tax liability associated with the vesting of the 2,193 shares in Footnote 1 which vested on 04/15/2012.