SEC Form 4 · accession 0001209191-15-026135

ALTEVA, INC. · ALTV

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Executive Vice President-CFO

Period of report

Mar 11, 2015

Accepted (ET)

Mar 13, 2015 · 5:00 pm EDT

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 Stock^F1	Mar 11, 2015	F	982	$7.38	D	43,242	D

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	$9.90	holding	—	—	—	—	Mar 22, 2023	Common Stock	15,000	15,000	D
Employee Stock Option (Right to Buy)^F2	$10.80	holding	—	—	—	—	Mar 11, 2023	Common Stock	5,500	5,500	D

F1Disposition of securities for payment of tax liablity associated with vesting of securities issued under the Amended and Restated Warwick Valley Telephone Company 2008 Long-Term Incentive Plan in accordance with Rule 16b-3.
F2This option was previously reported by Mr. Callahan 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. Callahan's continuous employment with the Company.