SEC Form 4 · accession 0001209191-15-086419
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
Dec 17, 2015
Accepted (ET)
Dec 21, 2015 · 5:25 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 | Dec 17, 2015 | M | 2,670 | $0.00 | A | 333,367 | D | |
| Common stock, par value $.01 | Dec 17, 2015 | F | 2,670 | $1.77 | D | 330,697 | 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 | Dec 17, 2015 | M | 2,670 | D | — | — | common stock | 2,670 | 82,537 | D |
Explanation of responses
- F1Amount represents the vested portion of a restricted stock unit award granted under the Alaska Communications Systems Group, Inc. 2011 Incentive Award Plan.
- F2Amount represents a restricted 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. 82,537 units remain unvested and are subject to vest in three equal parts over three years beginning on March 1, 2016 or upon Mr. Steinberg's retirement from the company.