SEC Form 4 · accession 0001209191-15-004026
ALASKA COMMUNICATIONS SYSTEMS GROUP INC · ALSK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Anand Vadapalli
Officer — CEO and President · Director
Period of report
Jan 12, 2015
Accepted (ET)
Jan 13, 2015 · 8:24 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 | 71,856 | $0.00 | A | 512,443 | D | |
| Common Stock, par value $.01 | Jan 12, 2015 | F | 22,074 | $1.66 | D | 490,369 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted stock unitsF2,F3 | $0.00 | Jan 12, 2015 | M | 71,856 | D | Jan 12, 2015 | Jan 12, 2015 | Common stock | 71,856 | 71,857 | 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 one-third of 215,569 restricted stock units granted under the Alaska Communications Systems Group, Inc. 2011 Incentive Award Plan, of which 71,856 units have previously vested and 71,857 units are subject to future vesting based upon time and/or employment conditions.