SEC Form 4 · accession 0001209191-16-105480
ALASKA COMMUNICATIONS SYSTEMS GROUP INC · ALSK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William H Bishop
Officer — SVP, Business Market
Period of report
Mar 1, 2016
Accepted (ET)
Mar 3, 2016 · 5:17 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,F2 | Mar 1, 2016 | M | 11,285 | $0.00 | A | 60,073 | D | |
| Common stock, par value $.01 | Mar 1, 2016 | F | 3,700 | $1.60 | D | 56,373 | 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,F3 | $0.00 | Mar 1, 2016 | M | 8,496 | D | Mar 1, 2016 | Mar 1, 2016 | common stock | 8,496 | 16,993 | D |
| restricted stock unitsF1,F4 | $0.00 | Mar 1, 2016 | M | 2,789 | D | Mar 1, 2016 | Mar 1, 2016 | common stock | 2,789 | 5,578 | D |
Explanation of responses
- F1Amount represents restricted stock units granted under the Alaska Communications Systems Group, Inc. 2011 Incentive Award Plan.
- F2Includes 3572.3 shares purchased through the Alaska Communications Systems Group, Inc. 2012 Employee Stock Purchase Plan.
- F3Amount represents restricted stock units granted under the Alaska Communications Systems Group, Inc. 2011 Incentive Award Plan as a part of a larger award. The remaining 16,993 units will vest in two equal annual installments beginning on the first company business day on or after March 1, 2017, subject to continued employment.
- F4Amount represents restricted stock units granted under the Alaska Communications Systems Group, Inc. 2011 Incentive Award Plan as a part of a larger award. The remaining 5,578 units will vest in two equal annual installments beginning on the first company business day on or after March 1, 2017, subject to continued employment.