SEC Form 4 · accession 0001127602-16-051406
NTELOS HOLDINGS CORP. · NTLS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ellen O'Connor Vos
Director
Period of report
May 6, 2016
Accepted (ET)
May 6, 2016 · 4:31 pm EDT
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 Share | May 6, 2016 | M | 2,847 | $0.00 | A | 28,604 | D | |
| Common Stock, Par Value $0.01 Per Share | May 6, 2016 | D | 28,604 | $9.25 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom SharesF1 | — | May 6, 2016 | M | 2,847 | D | — | Jan 4, 2017 | Common Stock | 2,847 | 0 | D |
Explanation of responses
- F1Each Phantom Share is the economic equivalent of one share of Issuer's common stock. The vested Phantom Shares were settled for cash immediately prior to consummation of the merger at the value of the merger consideration, $9.25 per share, pursuant to the Agreement and Plan of Merger, dated as of August 10, 2015 among the Issuer, Shenandoah Telecommunications Company, and Gridiron Merger Sub., Inc.