SEC Form 4 · accession 0001209191-15-027991
ALASKA COMMUNICATIONS SYSTEMS GROUP INC · ALSK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael R Todd
Officer — Sr. Vice Pres, Eng. & Ops
Period of report
Mar 17, 2015
Accepted (ET)
Mar 19, 2015 · 6:05 pm EDT
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 17, 2015 | A | 10,887 | $0.00 | A | 123,222 | D | |
| Common Stock, par value $.01 | Mar 17, 2015 | F | 2,880 | $1.69 | D | 120,342 | 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 17, 2015 | A | 65,609 | A | — | — | common stock | 65,609 | 65,609 | D |
Explanation of responses
- F1Performance stock unit award granted under the Alaska Communications Systems Group, Inc. 2011 Incentive Award Plan and vested upon acheivement of previously established peformance criteria.
- F2Amount represents restricted stock units granted 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 which will vest in three equal installments beginning on the first company business day on or after March 1, 2016, subject to continued employment.