SEC Form 4 · accession 0001209191-16-108965
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 14, 2016
Accepted (ET)
Mar 16, 2016 · 8:23 pm EDT
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 14, 2016 | A | 6,790 | $0.00 | A | 63,163 | D | |
| Common stock, par value $.01F1 | Mar 14, 2016 | A | 5,941 | $0.00 | A | 69,104 | D | |
| Common stock, par value $.01F1 | Mar 14, 2016 | A | 5,820 | $0.00 | A | 74,924 | D | |
| Common stock, par value $.01F1 | Mar 14, 2016 | A | 1,210 | $0.00 | A | 76,134 | D | |
| Common stock, par value $.01F1 | Mar 14, 2016 | A | 8,365 | $0.00 | A | 84,499 | D | |
| Common stock, par value $.01F1 | Mar 14, 2016 | A | 2,745 | $0.00 | A | 87,244 | D | |
| Common stock, par value $.01 | Mar 14, 2016 | F | 9,804 | $1.77 | D | 77,440 | 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 14, 2016 | A | 54,237 | A | — | — | common stock | 54,237 | 54,237 | D |
Explanation of responses
- F1Performance stock unit award granted under the Alaska Communications Systems Group, Inc. 2011 Incentive Award Plan and vested upon achievement of previously established performance criteria.
- F2Restricted 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 which will vest in three equal annual installments beginning on the first company business day on or after March 1, 2017, subject to continued employment.