SEC Form 4 · accession 0001209191-18-004657
ALASKA COMMUNICATIONS SYSTEMS GROUP INC · ALSK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Anand Vadapalli
Officer — CEO and President · Director
Period of report
Jan 18, 2018
Accepted (ET)
Jan 19, 2018 · 7:51 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 at $.01 par valueF1,F2 | Jan 18, 2018 | S | 10,000 | $2.4889 | D | 1,305,263 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This transaction is pursuant to a Rule 10b5-1 stock trading plan adopted by Anand Vadapalli and Alaska Communications Systems Group, Inc. on August 28, 2017 for a total of 123,754 shares of ALSK stock. The sale reported on this Form 4 is for 10,000 shares, and as of the date of this transaction, a total of 80,000 shares have been sold under the plan.
- F2Reflects weighted average sale price. The range of prices for such transaction is $2.46 to $2.53. The reporting person hereby undertakes to provide, upon request by the Securities and Exchange Commission staff, the issuer, or a shareholder of the issuer, full information regarding the number of shares sold at each separate price.