SEC Form 4/A · accession 0001259760-16-000005
CINCINNATI BELL INC · CBB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Christopher J Wilson
Officer — VP, General Counsel
Period of report
Jan 28, 2016
Accepted (ET)
May 26, 2016 · 1:56 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000716133
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 28, 2016 | A | 21,768 | $3.09 | A | 71,768 | D | |
| Common StockF2 | Jan 28, 2016 | F | 8,864 | $3.09 | D | 62,904 | D | |
| Common StockF3 | Jan 28, 2016 | A | 31,553 | $3.09 | A | 94,457 | D | |
| Common Stock | holding | — | — | — | 130,000 | I | By Trustee of Executive Deferred Compensation Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to BuyF4,F5 | $4.75 | Jan 28, 2016 | A | 23,878 | A | Jan 31, 2014 | Jan 30, 2023 | Common Stock | 23,878 | 95,511 | D |
Explanation of responses
- F1Common stock issued upon vesting of performance units granted under the 2007 Long Term Incentive Plan, which is a Rule 16b-3 plan.
- F2Surrender of common stock to cover tax liabilities upon vesting of performance units.
- F3Restricted Stock Units (RSUs) granted under the Cincinnati Bell Inc. 2007 Long Term Incentive Plan which is a Rule 16b-3 Plan. The RSUs vest on the third anniversary of the grant date. Each RSU constitutes the right to receive one share of Cincinnati Bell common stock upon vesting.
- F4Option shares granted under the Cincinnati Bell Inc. 2007 Long Term Incentive Plan which is a Rule 16b-3 Plan.
- F5On January 30, 2013, the reporting person was granted 95,511 options. The options vest in three installments based on the Company's satisfaction of certain performance criteria for the fiscal years ending December 31, 2013, 2014 and 2015. The performance criteria for 2015 were met, resulting in the vesting of the final 23,878 options.