SEC Form 4 · accession 0001127602-15-010487
NTELOS HOLDINGS CORP. · NTLS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert L. McAvoy Jr.
Officer — EVP, Chief Technology Officer
Period of report
Mar 5, 2015
Accepted (ET)
Mar 6, 2015 · 6:08 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001328571
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, Par Value $0.01 Per ShareF1 | Mar 5, 2015 | A | 58,455 | $0.00 | A | 110,671 | D | |
| Common Stock, Par Value $0.01 Per Share | holding | — | — | — | 3,292 | I | By 401(k) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Stock UnitsF3,F2 | — | Mar 5, 2015 | A | 186 | A | — | — | Common Stock | 186 | 953 | D |
| Performance Stock UnitsF5,F4 | — | Mar 5, 2015 | A | 199 | A | — | — | Common Stock | 199 | 199 | D |
| Stock Option (Right to Buy)F6 | $6.00 | Mar 5, 2015 | A | 40,698 | A | — | Mar 5, 2025 | Common Stock | 40,698 | 40,698 | D |
Explanation of responses
- F1Restricted stock cliff vests on March 5, 2018.
- F2Each Performance Stock Unit ("PSU") converts into one share of common stock, plus accrued reinvested dividends through the final vesting date. Subject to the terms of the PSU Awards, each PSU will vest on December 31, 2015.
- F3The number of PSUs indicated above includes PSUs deliverable assuming reinvestment of dividends declared and paid on underlying common stock from January 1, 2013 through March 5, 2015.
- F4Each Performance Stock Unit ("PSU") converts into one share of common stock, plus accrued reinvested dividends through the final vesting date. Subject to the terms of the PSU Awards, each PSU will vest on December 31, 2016.
- F5The number of PSUs indicated above includes PSUs deliverable assuming reinvestment of dividends declared and paid on underlying common stock from January 1, 2014 through March 5, 2015.
- F6Vests 25% each of March 4, 2016; March 3, 2017; March 5, 2018; and March 5, 2019.