SEC Form 4 · accession 0001140361-16-063495
COGENT COMMUNICATIONS HOLDINGS, INC. · CCOI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Henry W Kilmer
Officer — VP of IP Engineering
Period of report
May 4, 2016
Accepted (ET)
May 5, 2016 · 12:22 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001158324
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| common stockF1,F3 | May 4, 2016 | A | 12,000 | $0.00 | A | 44,000 | D | |
| common stockF2,F3 | May 4, 2016 | S | 1,000 | $38.57 | A | 43,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On May 4, 2016, the board of directors made an award of 12,000 shares of restricted stock to Mr. Kilmer. Shares will vest in quarterly increments of 2,400 shares starting on March 1, 2019 continuing through December 1, 2019. A block of 2,400 performance shares may be eligible for vesting on December 31, 2019 based on the attainment of customer satisfaction goals. The stock has voting rights and will fully vest on an earlier date if a change of control occurs.
- F2The sale of shares of common stock reported here was implemented pursuant to Mr. Kilmer's structured sale plan (10b5-1 plan).
- F3A portion of these securities is not vested.