SEC Form 4 · accession 0001209191-15-004020
ALASKA COMMUNICATIONS SYSTEMS GROUP INC · ALSK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Leonard Steinberg
Officer — SVP, Legal/Reg/Gov & Corp Sec.
Period of report
Jan 12, 2015
Accepted (ET)
Jan 13, 2015 · 8:16 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001089511
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common stock, par value $.01F1 | Jan 12, 2015 | A | 22,792 | $0.00 | A | 305,946 | D | |
| Common stock, par value $.01 | Jan 12, 2015 | F | 5,698 | $1.66 | D | 300,248 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Retricted stock unitsF2,F3 | $0.00 | Jan 12, 2015 | M | 22,792 | D | Jan 12, 2015 | Jan 12, 2015 | common stock | 22,792 | 22,792 | D |
Explanation of responses
- F1Amount represents a restricted stock unit award under the Alaska Communications Systems Group, Inc. 2011 Incentive Award Plan.
- F2Restricted stock unit award under the Alaska Communications Systems Group, Inc. 2011 Incentive Award Plan
- F3Amount represents restricted stock units granted under the Alaska Communications Systems Group, Inc. 2011 Incentive Award Plan as part of a larger award, 25,004 shares of which were previously released or surrendered to cover required payroll withholding taxes and 22,792 which are subject to vest in 2016 or upon Mr. Steinberg's retirement from the company.