SEC Form 4 · accession 0001567619-19-005355
SHENANDOAH TELECOMMUNICATIONS CO/VA/ · SHEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William L Pirtle
Officer — SR VP - Sales & Marketing
Period of report
Feb 21, 2019
Accepted (ET)
Feb 25, 2019 · 4:54 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 21, 2019 | A | 3,291 | $0.00 | A | 37,410 | D | |
| Common Stock | Feb 21, 2019 | F | 926 | $50.79 | D | 36,484 | 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 21, 2019 | M | 990 | D | — | Feb 21, 2019 | Common Stock | 990 | 13,459 | D |
| Restricted Stock UnitF1,F2 | — | Feb 21, 2019 | M | 907 | D | — | Feb 20, 2020 | Common Stock | 907 | 12,552 | D |
| Restricted Stock UnitF1,F2 | — | Feb 21, 2019 | M | 723 | D | — | Feb 18, 2021 | Common Stock | 723 | 11,829 | D |
| Restricted Stock UnitF1,F2 | — | Feb 21, 2019 | M | 671 | D | — | Feb 17, 2022 | Common Stock | 671 | 11,158 | 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.