SEC Form 4 · accession 0001140361-15-035579
SHENANDOAH TELECOMMUNICATIONS CO/VA/ · SHEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher E French
Officer — President · Director
Period of report
Sep 17, 2015
Accepted (ET)
Sep 21, 2015 · 4:03 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000354963
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Sep 17, 2015 | A | 4,800 | $40.65 | A | 170,721 | D | |
| Common Stock | Sep 17, 2015 | F | 1,588 | $40.65 | D | 169,133 | D | |
| Common Stock | holding | — | — | — | 55,230 | I | By Spouse | |
| Common Stock | holding | — | — | — | 6,834 | I | By Son | |
| Common StockF1 | holding | — | — | — | 81,910 | I | TTEE French Grandchildren Trust | |
| Common StockF1 | holding | — | — | — | 198,906 | I | TTEE U/A WBF fbo Grandchildren | |
| Common StockF1 | holding | — | — | — | 169,983 | I | TTEE WBF fbo Anne | |
| Common Stock | holding | — | — | — | 169,983 | I | TTEE WBF fbo Christopher | |
| Common StockF1 | holding | — | — | — | 75,432 | I | TTEE WBF fbo Cynthia | |
| Common StockF1 | holding | — | — | — | 3,240 | I | TTEE Gladys H Teale Trust | |
| Common StockF4 | holding | — | — | — | 0 | I | By Children |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F3 | — | Sep 17, 2015 | M | 4,800 | D | — | Sep 17, 2015 | Common Stock | 4,800 | 138,953 | D |
Explanation of responses
- F1These shares are held in trust for the benefit of certain relatives of Mr. French. Mr. French disclaims beneficial ownership of the shares as to which he has no pecuniary interest and this filing is not an admission that Mr. French is the beneficial owner of such shares.
- F2Each restricted stock unit represents a contingent right to receive one share of common stock.
- F3The restricted stock vested on September 17, 2015, when the time-based and market-based conditions were met.
- F4The reporting person no longer has a reportable beneficial interest in 13,668 shares of common stock owned by two of his children which had been included in the reporting person's prior ownership reports.