SEC Form 4 · accession 0001209191-17-018109
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, 2017
Accepted (ET)
Mar 3, 2017 · 9:43 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, 2017 | M | 29,365 | $0.00 | A | 110,474 | D | |
| Common stock, par value $.01 | Mar 1, 2017 | F | 9,589 | $1.67 | D | 100,885 | 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, 2017 | M | 8,497 | D | Mar 1, 2017 | Mar 1, 2017 | Common Stock | 8,497 | 8,496 | D |
| Restricted Stock UnitsF1,F4 | $0.00 | Mar 1, 2017 | M | 2,789 | D | Mar 1, 2017 | Mar 1, 2017 | Common Stock | 2,789 | 2,789 | D |
| Restricted Stock UnitsF2,F1,F5 | $0.00 | Mar 1, 2017 | M | 18,079 | D | Mar 1, 2017 | Mar 1, 2017 | Common Stock | 18,079 | 36,158 | D |
Explanation of responses
- F1Amount represents restricted stock units granted under the Alaska Communications Systems Group, Inc. 2011 Incentive Award Plan.
- F2Includes 3669.5 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 8496 units will vest on the first company business day on or after March 1, 2018, 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 2789 units will vest on the first company business day on or after March 1, 2018, subject to continued employment.
- F5Amount 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 36,158 units will vest in two equal annual installments beginning on the first company business day on or after March 1, 2018, subject to continued employment.