SEC Form 4 · accession 0001181431-15-008702
EarthLink Holdings, LLC · ELNK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian P Fink
Officer — Chief Technology Officer
Period of report
Jul 1, 2015
Accepted (ET)
Jul 6, 2015 · 5:01 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 | Jul 1, 2015 | M | 75,630 | $6.08 | A | 76,460 | D | |
| Common StockF1 | Jul 1, 2015 | F | 66,989 | $7.43 | D | 9,471 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock optionsF1,F2 | $6.08 | Jul 1, 2015 | M | 75,630 | D | Feb 20, 2014 | Feb 20, 2023 | Common Stock | 75,630 | 410,637 | D |
Explanation of responses
- F1On July 1, 2015, Mr. Fink exercised 75,630 stock options by using a "net exercise" procedure and received 8,641 shares of common stock. No shares were sold in the public markets. On exercising these options, Mr. Fink became a stockholder of record with regard to these additional shares of common stock.
- F2Includes options to purchase 167,094 shares of common stock and 243,543 Restricted Stock Units.