SEC Form 4 · accession 0001209191-16-105488
ALASKA COMMUNICATIONS SYSTEMS GROUP INC · ALSK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Randy M Ritter
Officer — Sr Vice Pres, Managed Services
Period of report
Mar 1, 2016
Accepted (ET)
Mar 3, 2016 · 5:20 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 1, 2016 | M | 39,228 | $0.00 | A | 60,166 | D | |
| Common stock, par value $.01 | Mar 1, 2016 | F | 12,809 | $1.60 | D | 47,357 | 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 unitF1,F2 | $0.00 | Mar 1, 2016 | M | 18,518 | D | Mar 1, 2016 | Mar 1, 2016 | common stock | 18,518 | 18,520 | D |
| restricted stock unitsF1,F3 | $0.00 | Mar 1, 2016 | M | 20,710 | D | Mar 1, 2016 | Mar 1, 2016 | common stock | 20,710 | 41,420 | D |
Explanation of responses
- F1Amount represents a resticted stock unit award under the Alaska Communications Systems Group, Inc. 2011 Incentive Award Plan.
- F2Amount 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 18,520 units will vest on the first company business day on or after March 1, 2017, subject to continued employment.
- 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 41,420 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.