SEC Form 4 · accession 0001567619-18-007215
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
Nov 29, 2018
Accepted (ET)
Dec 3, 2018 · 12:40 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 | Nov 29, 2018 | A | 10,504 | $8.29 | A | 177,308 | D | |
| Common Stock | Nov 29, 2018 | A | 48,429 | $6.92 | A | 225,737 | D | |
| Common Stock | Nov 29, 2018 | F | 29,734 | $50.79 | D | 196,003 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock OptionF2 | $8.29 | Nov 29, 2018 | X | 10,504 | D | — | Feb 20, 2021 | Common Stock | 10,504 | 73,870 | D |
| Incentive Stock OptionF2 | $6.92 | Nov 29, 2018 | X | 3,613 | D | — | Feb 17, 2023 | Common Stock | 3,613 | 70,257 | D |
| Non-Qualified Stock OptionF2 | $6.92 | Nov 29, 2018 | X | 44,816 | D | — | Feb 17, 2023 | Common Stock | 44,816 | 25,441 | 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.
- 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.