SEC Form 4 · accession 0001209191-18-017028
ALASKA COMMUNICATIONS SYSTEMS GROUP INC · ALSK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Randy M Ritter
Officer — Sr Vice Pres, Shared Services
Period of report
Mar 1, 2018
Accepted (ET)
Mar 5, 2018 · 9:10 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 $.01 | Mar 1, 2018 | M | 55,324 | $0.00 | A | 187,008 | D | |
| Common stock, par value $.01 | Mar 1, 2018 | F | 16,417 | $2.12 | D | 170,591 | 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 | $0.00 | Mar 1, 2018 | M | 20,710 | D | Mar 1, 2018 | Mar 1, 2018 | Common Stock | 20,710 | 0 | D |
| Restricted Stock UnitsF1,F2 | $0.00 | Mar 1, 2018 | M | 19,774 | D | Mar 1, 2018 | Mar 1, 2019 | Common Stock | 19,774 | 19,774 | D |
| Restricted Stock UnitsF1,F3 | $0.00 | Mar 1, 2018 | M | 14,840 | D | Mar 1, 2018 | Mar 1, 2020 | Common Stock | 14,840 | 29,680 | D |
Explanation of responses
- F1Amount represents a restricted 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 19,774 units will vest on the first company business day on or after March 1, 2018, 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 29,680 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.