SEC Form 4 · accession 0001209191-16-105503
ALASKA COMMUNICATIONS SYSTEMS GROUP INC · ALSK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael R Todd
Officer — Sr. VP, Consumer Market
Period of report
Mar 1, 2016
Accepted (ET)
Mar 3, 2016 · 5:24 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 | 41,424 | $0.00 | A | 165,727 | D | |
| Common stock, par value $.01 | Mar 1, 2016 | F | 12,729 | $1.60 | D | 152,998 | 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 1, 2016 | M | 19,555 | D | Mar 1, 2016 | Mar 1, 2016 | common stock | 19,555 | 19,557 | D |
| restricted stock unitsF2,F4 | $0.00 | Mar 1, 2016 | M | 21,869 | D | Mar 1, 2016 | Mar 1, 2016 | common stock | 21,869 | 43,740 | 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 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 as a part of a larger award. The remaining 19,557 units will vest 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 43,740 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.