SEC Form 4 · accession 0001181431-15-006256
EarthLink Holdings, LLC · ELNK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kathy S Lane
Director
Period of report
Apr 29, 2015
Accepted (ET)
Apr 30, 2015 · 4:16 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001102541
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Apr 30, 2015 | M | 38,123 | — | A | 55,130 | 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 | — | Apr 29, 2015 | A | 27,197 | A | Apr 29, 2016 | Apr 29, 2025 | Common Stock | 27,197 | 65,320 | D |
| Restricted Stock UnitsF1 | — | Apr 30, 2015 | M | 38,123 | D | Apr 30, 2015 | Apr 30, 2024 | Common Stock | 38,123 | 27,197 | D |
Explanation of responses
- F1Vested Restricted Stock Units were converted and distributed to the Reporting Person, without payment, in shares of Common Stock on a unit-for-share basis.
- F2The Restricted Stock Units were acquired under the Company's 2011 Equity and Cash Incentive Plan in consideration of the Reporting Person's service as a director. 100% of the Restricted Stock Units vest and become exercisable on on the first anniversary of the date of grant. Vested Restricted Stock Units will be converted and distributed to the Reporting Person, without payment, in shares of Common Stock on a unit-for-share basis.