SEC Form 4 · accession 0001062613-15-000020
FAIRPOINT COMMUNICATIONS INC · FRP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Hogshire
Officer — SVP & Controller
Period of report
Jan 22, 2015
Accepted (ET)
Jan 23, 2015 · 4:24 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001062613
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (A&R 2010 Long Term Incentive Plan)F1 | $14.73 | Jan 22, 2015 | A | 6,000 | A | — | Jan 22, 2025 | Common stock, par value $0.01 per share | 6,000 | 6,000 | D |
Explanation of responses
- F1Represents stock options issued pursuant to the FairPoint Communications, Inc. Amended and Restated 2010 Long Term Incentive Plan (the "LTIP") on January 22, 2015 (the "Grant Date"). 25% of these stock options vested on the Grant Date with the remainder to vest in equal installments on January 22, 2016, January 23, 2017 and January 22, 2018. No consideration was paid by the Reporting Person for these stock options.