SEC Form 4 · accession 0001062613-16-000153
FAIRPOINT COMMUNICATIONS INC · FRP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Shirley J Linn
Officer — EVP, Gen. Counsel & Secretary
Period of report
May 9, 2016
Accepted (ET)
May 10, 2016 · 4:13 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001062613
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common stock, par value $0.01 per shareF1 | May 9, 2016 | D | 16,500 | $0.00 | D | 53,812 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents forfeiture of 4,000, 5,750 and 6,750 unvested restricted shares of FairPoint Communications, Inc. (the "Company") common stock, par value $0.01 per share, that were granted pursuant to the Company's Amended and Restated 2010 Long-Term Incentive Plan on January 22, 2014, January 22, 2015 and January 22, 2016, respectively, upon Ms. Linn's retirement from the Company on May 9, 2016. No consideration was received by the Reporting Person for forfeiture of these restricted shares.