SEC Form 4 · accession 0001209191-15-021884
ALASKA COMMUNICATIONS SYSTEMS GROUP INC · ALSK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David C Eisenberg
Officer — SVP and Chief Revenue Ofcr
Period of report
Mar 2, 2015
Accepted (ET)
Mar 3, 2015 · 8:33 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 | Mar 2, 2015 | A | 3,940 | $0.00 | A | 53,943 | D | |
| Common stock, par value $.01 | Mar 2, 2015 | A | 26,455 | $0.00 | A | 80,398 | D | |
| Common stock, par value $.01 | Mar 2, 2015 | F | 8,749 | $1.66 | D | 71,649 | 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 | Mar 2, 2015 | M | 3,940 | D | Mar 2, 2015 | Mar 2, 2015 | common stock | 3,940 | 0 | D |
| restricted stock unitsF1,F2,F4 | $0.00 | Mar 2, 2015 | M | 26,455 | D | Mar 2, 2015 | Mar 2, 2015 | common stock | 26,455 | 52,910 | 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 11,820 restricted stock units granted under the Alaska Communications Systems Group, Inc. 2011 Incentive Award Plan; 7,880 units have previously vested.
- F4Amount represents 79,365 restricted stock units granted under the Alaska Communications Systems Group, Inc. 2011 Incentive Award Plan; an additional 52,910 units are subject to vest in equal portions over the next to years, based on time and/or employment conditions.