SEC Form 4 · accession 0001127602-15-010491
NTELOS HOLDINGS CORP. · NTLS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven Craig Highland
Officer — SVP - Finance and Corp. Dev.
Period of report
Mar 5, 2015
Accepted (ET)
Mar 6, 2015 · 6:09 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 | 33,336 | $0.00 | A | 65,458 | D | |
| Common Stock, Par Value $0.01 Per Share | holding | — | — | — | 3,298 | I | By 401(k) Plan | |
| Common Stock, Par Value $0.01 Per ShareF2 | holding | — | — | — | 223 | I | By Daughter | |
| Common Stock, Par Value $0.01 Per ShareF2 | holding | — | — | — | 223 | I | By Son |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Stock UnitsF4,F3 | — | Mar 5, 2015 | A | 150 | A | — | — | Common Stock | 150 | 767 | D |
| Performance Stock UnitsF6,F5 | — | Mar 5, 2015 | A | 112 | A | — | — | Common Stock | 112 | 112 | D |
| Stock Option (Right to Buy)F7 | $6.00 | Mar 5, 2015 | A | 23,209 | A | — | Mar 5, 2025 | Common Stock | 23,209 | 23,209 | D |
Explanation of responses
- F1Restricted stock cliff vests on March 5, 2018.
- F2The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- F3Each 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.
- F4The 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.
- F5Each 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.
- F6The 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.
- F7Vests 25% each of March 4, 2016; March 3, 2017; March 5, 2018; and March 5, 2019.