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
Shaw, Allan L.
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
April 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 Financial 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, par value $.0|04/20/|M |-|20,000 |A |$5.85 |105,620(1) |D |- |
1 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|$5.85 |04/20|M |-|- 13,333 |A,D|(4) |01/01|Common Stock|13,333(|- |0(3) |D |- |
ght to buy) | |/00 | | | | | |/05 | |3) | | | | |
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Time-based options (Ri|$5.85 |04/20|M |-|- 6,667 |A,D|(4) |01/01|Common Stock|6,667(3|- |36,666(3) |D |- |
ght to buy) | |/00 | | | | | |/06 | |) | | | | |
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Time-based options (Ri|$9.00 |- |- |-|- - |A,D|(6) |01/01|Common Stock|60,666(|- |60,666(3) |D |- |
ght to buy) | | | | | | | |/03 | |3) | | | | |
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Time-based options (Ri|$5.00 |- |- |-|- - |A,D|(7) |01/01|Common Stock|20,000(|- |20,000(3) |D |- |
ght to buy) | | | | | | | |/08 | |3) | | | | |
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Time-based options (Ri|$5.50 |- |- |-|- - |A,D|(8) |01/01|Common Stock|34,000(|- |34,000(3) |D |- |
ght to buy) | | | | | | | |/08 | |3) | | | | |
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Time-based options (Ri|$10.25 |- |- |-|- - |A,D|(9) |09/18|Common Stock|75,019(|- |75,019(3) |D |- |
ght to buy) | | | | | | | |/08 | |3) | | | | |
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Time-based options (Ri|$22.875 |- |- |-|- - |A,D|(10) |01/01|Common Stock|38,519(|- |38,519(3) |D |- |
ght to buy) | | | | | | | |/09 | |3) | | | | |
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Time-based options (Ri|$43.00 |- |- |-|- - |A,D|(11) |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|(12) |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) Each of these options is currently vested and
exercisable.
(3) All options vest and become exercisable upon a Change in Control of the
Company.
(4) Options to purchase shares of Common Stock vested and became exercisable
as to 33.34% of these options
on January 1, 1998, as to 33.33% on January 1, 1999 and as to the remainder on
January 1, 2000.
(5) Options to purchase shares of Common Stock vested and became exercisable
as to 33.34% of these options
on January 1, 1999 as to 33.33% on January 1, 2000 and the remainder will vest
and become exercisable on
January 1,
2001.
(6) Options to purchase shares of Common Stock vested and became exercisable
as to 25% of these options on
each of January 1, 1999 and January 1, 2000 and the remainder will vest and
become exercisable on each
successive anniversary date thereafter to the extent of 25% of these
options.
(7) Options to purchase shares of Common Stock vested and became exercisable
as to 33.34% of these options
on September 18, 1999 and the remainder will vest and become exercisable on
each successive anniversary
date thereafter to the extent of 33.33% of these
options.
(8) Options to purchase shares of Common Stock vested and became exercisable
as to 33.34% of these options
on January 1, 2000 and the remainder will vest and become exercisable on each
successive anniversary date
thereafter to the extent of 33.33% of these
options.
(9) Options to purchase shares of Common Stock will vest and become
exercisable as to 33.34% of these
options on June 1, 2000 and the remainder will vest and become exercisable on
each successive anniversary
date thereafter to the extent of 33.33% of these
options.
(10) Options to purchase shares of Common Stock will vest and become
exercisable as to 33.34% of these
options on January 4, 2001 and the remainder will vest and become exercisable
on each successive anniversary
date thereafter to the extent of 33.33% of these
options.
SIGNATURE OF REPORTING PERSON
/s/ Allan L. Shaw
DATE
May 10, 2000
