SEC Form 4 · accession 0001140361-16-059830
SHENANDOAH TELECOMMUNICATIONS CO/VA/ · SHEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Raymond B Ostroski
Officer — VP Legal & General Counsel
Period of report
Mar 31, 2016
Accepted (ET)
Apr 1, 2016 · 4:37 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 | Mar 31, 2016 | A | 14,450 | $6.92 | A | 16,601 | D | |
| Common Stock | Mar 31, 2016 | F | 3,695 | $27.06 | D | 12,906 | 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 OptionF1 | $6.92 | Mar 31, 2016 | X | 14,450 | D | — | Feb 17, 2020 | Common Stock | 14,450 | 53,819 | D |
Explanation of responses
- F1The option vests 1/4 on each the third, fourth, fifth and sixth 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 policy.