SEC Form 4 · accession 0001140361-16-053683
SHENANDOAH TELECOMMUNICATIONS CO/VA/ · SHEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard A Baughman
Officer — VP-Information Technology
Period of report
Feb 16, 2016
Accepted (ET)
Feb 17, 2016 · 5:00 pm EST
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 | Feb 16, 2016 | A | 6,372 | $12.63 | A | 20,580 | D | |
| Common StockF1 | Feb 16, 2016 | F | 3,666 | $21.95 | D | 16,914 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Incentive Stock OptionF2 | $12.63 | Feb 16, 2016 | X | 6,372 | D | — | Feb 16, 2016 | Common Stock | 6,372 | 37,868 | D |
Explanation of responses
- F1On December 31, 2015, the common stock of Shenandoah Telecommunications Company split two-for-one, resulting in the reporting person's acquisition of 7,104 additional shares.
- F2The option vests 1/4 on each the first, second, third and fourth anniversary. The option (and shares Issuable upon exercise of the option) are subject to cancellation and forfeiture in accordance with the Company's executive compensation recovery policy