SEC Form 4 · accession 0001140361-17-046335
SHENANDOAH TELECOMMUNICATIONS CO/VA/ · SHEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James F Woodward
Officer — Sr VP-Finance & CFO
Period of report
Dec 13, 2017
Accepted (ET)
Dec 15, 2017 · 11:38 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000354963
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Incentive Stock OptionF1 | $35.10 | Dec 13, 2017 | A | 6,524 | A | — | Dec 13, 2027 | Common Stock | 6,524 | 6,524 | D |
| Restricted Stock UnitF2,F3 | — | Dec 13, 2017 | A | 3,561 | A | — | Dec 13, 2021 | Common | 3,561 | 10,085 | D |
Explanation of responses
- F1The option will vest one-fifth on each of the third through seventh anniversaries. 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.
- F2Each restricted stock unit represents a contingent right to receive one share of common stock.
- F3The restricted stock unit will vest one-fourth on each of the first through fourth anniversaries of the grant subject to the continuous employment by the Company or one of its affiliates until the date of vesting. Vested shares will be delivered to the reporting person on the vesting date. The restricted stock units are subject to forfeiture in accordance with the Company's executive compensation recovery policy.