SEC Form 4 · accession 0001209191-15-017303
ALTEVA, INC. · ALTV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marquez Mardoqueo Jr.
Officer — Executive VP-Chief Network
Period of report
Feb 19, 2015
Accepted (ET)
Feb 23, 2015 · 5:11 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000104777
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 19, 2015 | A | 5,913 | $0.00 | A | 29,318 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F2,F3 | $9.90 | holding | — | — | — | — | Mar 22, 2023 | Common | 13,000 | 13,000 | D |
| Employee Stock Option (Right to Buy)F2 | $14.38 | holding | — | — | — | — | Feb 24, 2022 | Common | 7,409 | 7,409 | D |
Explanation of responses
- F1This restricted stock award was granted under the Amended and Restated Warwick Valley Telephone Company 2008 Long-Term Incentive Plan in a transaction exempt under Rule 16b-3.
- F2This option was previously reported by Mr. Marquez and shall vest and become exercisable as follows, (i) one third of the shares subject to the stock option upon the date that is one year from the date of the agreement; (ii) an additional one-third of the shares subject to the stock option upon the date that is two years from the date of the agreement; and (iii) the remaining one-third of the shares subject to the stock option upon the date that is three years from the date of the agreement, assuming Mr. Marquez's continuous employment with the Company.
- F3This corrects the number of options awarded, previously reported as 17,000 on March 22, 2013.