SEC Form 4 · accession 0001140361-18-009028
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
Feb 15, 2018
Accepted (ET)
Feb 20, 2018 · 4:10 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 15, 2018 | A | 7,555 | $0.00 | A | 165,036 | D | |
| Common Stock | Feb 15, 2018 | F | 2,095 | $31.05 | D | 162,941 | D | |
| Common Stock | Feb 19, 2018 | A | 5,692 | $0.00 | A | 168,633 | D | |
| Common Stock | Feb 19, 2018 | F | 1,579 | $32.85 | D | 167,054 | D | |
| Common Stock | holding | — | — | — | 64,296 | I | By Spouse | |
| Common Stock | holding | — | — | — | 13,668 | I | By Son | |
| Common StockF1 | holding | — | — | — | 137,984 | I | TTEE French Grandchildren Trust | |
| Common StockF1 | holding | — | — | — | 316,484 | I | TTEE U/A WBF fbo Grandchildren | |
| Common StockF1 | holding | — | — | — | 345,000 | I | By Son as TTEE of French Family Trust | |
| Common StockF1 | holding | — | — | — | 339,966 | I | TTEE WBF fbo Anne | |
| Common StockF1 | holding | — | — | — | 146,249 | I | TTEE WBF fbo Cynthia | |
| Common StockF1 | holding | — | — | — | 339,966 | I | TTEE WBF fbo Chirstopher | |
| Common StockF1 | holding | — | — | — | 6,480 | I | TTEE Gladys H Teale Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF2,F3 | — | Feb 15, 2018 | M | 2,710 | D | — | Feb 21, 2019 | Common Stock | 2,710 | 84,241 | D |
| Restricted Stock UnitF2,F3 | — | Feb 15, 2018 | M | 2,474 | D | — | Feb 20, 2020 | Common Stock | 2,474 | 81,767 | D |
| Restricted Stock UnitF2,F3 | — | Feb 15, 2018 | M | 2,371 | D | — | Feb 18, 2021 | Common Stock | 2,371 | 79,396 | D |
| Restricted Stock UnitF2,F3 | — | Feb 19, 2018 | M | 5,692 | D | — | Feb 19, 2018 | Common Stock | 5,692 | 73,704 | 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 option vests one-fourth on each the first, second, third and fourth anniversary. The options (and shares issuable upon exercise of the option) are subject to cancellation and forfeiture in accordance with the Company's executive compensation recovery policy.