SEC Form 4 · accession 0001140361-18-009043
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 15, 2018
Accepted (ET)
Feb 20, 2018 · 4:21 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 | Feb 15, 2018 | A | 2,018 | $0.00 | A | 44,387 | D | |
| Common | Feb 15, 2018 | F | 597 | $31.05 | D | 43,790 | D | |
| Common | Feb 19, 2018 | A | 1,193 | $0.00 | A | 44,983 | D | |
| Common | Feb 19, 2018 | F | 359 | $32.85 | D | 44,624 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1,F2 | — | Feb 15, 2018 | M | 682 | D | — | Feb 21, 2019 | Common Stock | 682 | 8,388 | D |
| Restricted Stock UnitF1,F2 | — | Feb 15, 2018 | M | 744 | D | — | Feb 20, 2020 | Common Stock | 744 | 7,644 | D |
| Restricted Stock UnitF1,F2 | — | Feb 15, 2018 | M | 592 | D | — | Feb 18, 2021 | Common Stock | 592 | 7,052 | D |
| Restricted Stock UnitF1,F2 | — | Feb 19, 2018 | M | 1,193 | D | — | Feb 19, 2018 | Common Stock | 1,193 | 5,859 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of common stock.
- F2The 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.