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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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<SEC-DOCUMENT>0001005477-04-003242.txt : 20040910
<SEC-HEADER>0001005477-04-003242.hdr.sgml : 20040910
<ACCEPTANCE-DATETIME>20040910151133
ACCESSION NUMBER:		0001005477-04-003242
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20040908
FILED AS OF DATE:		20040910
DATE AS OF CHANGE:		20040910

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			COGENT COMMUNICATIONS GROUP INC
		CENTRAL INDEX KEY:			0001158324
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-PREPACKAGED SOFTWARE [7372]
		IRS NUMBER:				522337274

	BUSINESS ADDRESS:	
		STREET 1:		1015 31ST STREET
		CITY:			WASHINGTON
		STATE:			DC
		ZIP:			20007
		BUSINESS PHONE:		2022954200

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Thrasher Warren
		CENTRAL INDEX KEY:			0001300252

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-31227
		FILM NUMBER:		041025400

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		2022954274

	MAIL ADDRESS:	
		STREET 1:		1015 31ST ST. NW
		CITY:			WASHINGTON
		STATE:			DC
		ZIP:			20007
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>edgar123.xml
<DESCRIPTION>FORM 4
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2004-09-08</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001158324</issuerCik>
        <issuerName>COGENT COMMUNICATIONS GROUP INC</issuerName>
        <issuerTradingSymbol>COI</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001300252</rptOwnerCik>
            <rptOwnerName>Thrasher Warren</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1015 31ST ST. NW</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>WASHINGTON</rptOwnerCity>
            <rptOwnerState>DC</rptOwnerState>
            <rptOwnerZipCode>20007</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Vice President &amp; CIO</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Options to purchase Series H Convertible Preferred Stock</value>
                <footnoteId id="F1"/>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>0.31</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2004-09-08</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>500</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <value>2005-08-10</value>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <value>2014-09-08</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>384615</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>500</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Effective September 8, 2004 Mr. Thrasher received a grant of options to purchase shares of Series H Convertible Preferred Stock at a purchase price of $0.31 per share.  25% of the option will best on August 10, 2005 and monthly thereafter in increments of 1/48th over the following 36 months until fully vested at the end of four years; vesting will accelerate under certain circumstances.  Each share of Series H Convertible Preferred Stock is convertible into 769.2307692 shares of common stock of Cogent communications Group, Inc.  The option is exercisable for a period of 10 years from date of grant.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Warren Thrasher</signatureName>
        <signatureDate>2004-09-09</signatureDate>
    </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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