SEC Form 4/A · accession 0001140361-16-069867
COGENT COMMUNICATIONS HOLDINGS, INC. · CCOI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Dave Schaeffer
Officer — Chairman, President & CEO · Director
Period of report
May 4, 2016
Accepted (ET)
Jun 15, 2016 · 4:42 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,F2,F3 | May 4, 2016 | A | 170,000 | $0.00 | A | 3,842,340 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1One May 4, 2016, the board of Directors made an award of 170,000 shares of restricted stock to Mr. Schaeffer. A portion of the grant, 120,000 shares, will vest in monthly increments of 10,000 shares starting on January 1, 2019 continuing through December 1, 2019. The remaining portion of the grant, 50,000 performance shares may vest in March 2020, based ratably on the Company achieving 15% revenue growth and 20% EBITDA as adjusted growth for the full year 2019. The stock has voting rights will fully vest on an earlier date if a change of control occurs.
- F2A portion of these securities is not vested or is subject to forfeiture under certain circumstances.
- F3This amended form corrects a typographical error in the number of shares owned (Box 5). The number of shares should read 3,842,340 as corrected here.