SEC Form 4 · accession 0001127602-19-000864
FRONTIER COMMUNICATIONS CORP · FTR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Pamela D A Reeve
Director
Period of report
Dec 31, 2018
Accepted (ET)
Jan 3, 2019 · 5:19 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000020520
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitsF1 | — | Dec 31, 2018 | A | 10,110 | A | — | — | Common Stock | 10,110 | 69,646 | D |
| Phantom Stock UnitsF1 | — | Jan 2, 2019 | A | 12,245 | A | — | — | Common Stock | 12,245 | 81,891 | D |
| Phantom Stock UnitsF1 | — | Jan 2, 2019 | A | 9,821 | A | — | — | Common Stock | 9,821 | 91,713 | D |
Explanation of responses
- F1Phantom stock units convert one-for-one into shares of common stock or cash equivalent, at the election of the Reporting Person, upon the Reporting Person's termination of service as a director of the Company.
- F2Quarterly payment of portion of annual retainer for service as Chairman of the Board, paid in the form of phantom stock units.
- F3Quarterly payment of portion of annual retainer paid in the form of phantom stock units.
- F4Quarterly payment of portion of annual retainer for service as Chairman of the Board, paid in the form of phantom stock units. Reflects an administrative change to the Company's director compensation program whereby, commencing in the first quarter of 2019, quarterly payments of portions of the annual retainer for service as Chairman of the Board will be paid on the first rather than the last day of each quarter.