SEC Form 4 · accession 0001127602-15-022526
Lumos Networks Corp. · LMOS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph E. McCourt Jr.
Officer — EVP & Chief Revenue Officer
Period of report
Jul 6, 2015
Accepted (ET)
Jul 7, 2015 · 5:26 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001520744
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 | Jul 6, 2015 | M | 3,000 | $8.50 | A | 50,584 | D | |
| Common Stock, Par Value $0.01 Per ShareF1 | Jul 6, 2015 | S | 3,000 | $14.48 | D | 47,584 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F1,F2 | $8.50 | Jul 6, 2015 | M | 3,000 | D | — | May 29, 2022 | Common Stock | 3,000 | 109,238 | D |
Explanation of responses
- F1The option exercise and related sale reported in this Form 4 were effective pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2015.
- F2Options vests 25% on May 29 on each of the years 2013 - 2016.