SEC Form 4 · accession 0001062613-17-000028
FAIRPOINT COMMUNICATIONS INC · FRP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bruce F Metge
Officer — EVP, Chief Legal Officer
Period of report
Jan 23, 2017
Accepted (ET)
Jan 24, 2017 · 4:13 pm EST
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 | Jan 23, 2017 | A | 7,235 | $0.00 | A | 17,235 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents restricted shares of FairPoint Communications, Inc. (the "Company") common stock, par value $0.01 per share, issued pursuant to the Company's Amended and Restated 2010 Long Term Incentive Plan (the "LTIP") on January 23, 2017 (the "Grant Date"). 1,235 of these restricted shares vested on the Grant Date with 2,000 shares vesting on each of January 23, 2018, January 23, 2019 and January 23, 2020, respectively. No consideration was paid by the Reporting Person for these restricted shares.