UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
1. Name and Address of Reporting Person
Mount, Francis J.
Viatel, Inc.
685 Third Avenue
New York, NY 10017
USA
2. Issuer Name and Ticker or Trading Symbol
Viatel, Inc.
VYTL
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
September 2000
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
(X) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other
(specify below)
Chief Technology Officer
7. Individual or Joint/Group Filing (Check Applicable Line)
(X) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
<TABLE>
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Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
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1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect |
| Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership |
| | | | Beneficially |(D)or | |
| | | | | A/| | Owned at |Indir | |
| Date |Code|V| Amount | D | Price | End of Month |ect(I)| |
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<S> <C> <C> <C><C> <C> <C> <C> <C> <C>
Common Stock, $.01 par valu|09/07/|S |-|54,011 |D |$14.025 |72,132(1) |D |- |
e per share |00 | | | | | | | | |
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Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned |
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1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of|
Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect |
|or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial |
|cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership |
|Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | |
|Deriva- | | | |Date |Expir| | |ficially |Ind| |
|tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| |
|Secu- | | | | | D |cisa-|Date | of Shares | |End of |ct | |
|rity |Date |Code|V| Amount | |ble | | | |Month |(I)| |
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<S> <C> <C> <C> <C><C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Time-based options (Ri|$5.00 |- |- |-|- - |A,D|(2) |01/01|Common Stock|13,332(|- |13,332(3) |D |- |
ght to buy) | | | | | | | |//08 | |3) | | | | |
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Time-based options (Ri|$5.50 |- |- |-|- - |A,D|(4) |01/01|Common Stock|30,000(|- |30,000(3) |D |- |
ght to buy) | | | | | | | |/08 | |3) | | | | |
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Time-based options (Ri|$10.25 |- |- |-|- - |A,D|(5) |09/18|Common Stock|14,999(|- |14,999(3) |D |- |
ght to buy) | | | | | | | |/08 | |3) | | | | |
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Time-based options (Ri|$22.875 |- |- |-|- - |A,D|(6) |01/01|Common Stock|25,677(|- |25,677(3) |D |- |
ght to buy) | | | | | | | |/09 | |3) | | | | |
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Time-based options (Ri|$43.00 |- |- |-|- - |A,D|(7) |06/01|Common Stock|4,123(3|- |4,123(3) |D |- |
ght to buy) | | | | | | | |/09 | |) | | | | |
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Time-based options (Ri|$49.313 |- |- |-|- - |A,D|(8) |01/04|Common Stock|126,000|- |126,000(3) |D |- |
ght to buy) | | | | | | | |/10 | |(3) | | | | |
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Explanation of Responses:
(1) Of the total amount of Common Stock beneficially owned by reporting
person, 64,123 shares are restricted stock.
(2) These options vest and become exercisable on January 1,
2001.
(3) All options vest and become exercisable upon a Change in Control of the
Company.
(4) These options vest and become exercisable as to 50% on January 1, 2001 and
50% on January 1, 2002.
(5) Options to purchase shares of Common Stock vested and became exercisable
as to 50% on September 18, 2000 and the remainder will vest and
become exercisable on September 18,
2001.
(6) Options to purchase shares of Common Stock will vest and become
exercisable as to 50% on January 1, 2001 and the remainder will vest and
become exercisable on January 1,
2002.
(7) Options to purchase shares of Common Stock vested and became exercisable
as to 33.34% on June 1, 2000 and the remainder will vest and
become exercisable on each successive anniversary date thereafter to the extent
of 33.33%.
(8) Options to purchase shares of Common Stock will vest and become
exercisable as to 33.34% on January 4, 2001 and the remainder will vest and
become exercisable on each successive anniversary date thereafter to the extent
of 33.33%.
SIGNATURE OF REPORTING PERSON
/s/ Francis J. Mount
DATE
October 9, 2000
