SEC Form 4 · accession 0001209191-15-021886
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
Mar 2, 2015
Accepted (ET)
Mar 3, 2015 · 8:34 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 | 110,238 | $0.00 | A | 600,607 | D | |
| Common Stock, par value $.01 | Mar 2, 2015 | F | 30,151 | $1.66 | D | 570,456 | 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 | 110,238 | D | Mar 2, 2015 | Mar 2, 2015 | Common stock | 110,238 | 220,476 | 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 of which the remaining 220476 shares will vest in two equal annual installments beginning on the first company business day on or after March 1, 2016, subject to continued employment.