SEC Form 4 · accession 0001209191-16-095052
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
Feb 1, 2016
Accepted (ET)
Feb 2, 2016 · 8:04 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 | Feb 1, 2016 | M | 71,857 | $0.00 | A | 681,841 | D | |
| Common Stock, par value $.01 | Feb 1, 2016 | F | 22,278 | $1.59 | D | 659,563 | 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 unitsF1,F2 | $0.00 | Feb 1, 2016 | M | 71,857 | D | — | — | Common stock | 71,857 | 0 | D |
Explanation of responses
- F1Amount represents a restricted stock unit award under the Alaska Communications Systems Group, Inc. 2011 Incentive Award Plan
- F2Amount represents one-third of 215,569 restricted stock units granted under the Alaska Communications Systems Group, Inc. 2011 Incentive Award Plan, of which 143,712 units have previously vested.