SEC Form 4 · accession 0001582089-17-000001
CINCINNATI BELL INC · CBB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joshua T. Duckworth
Officer — Vice President & Controller
Period of report
Jan 26, 2017
Accepted (ET)
Jan 30, 2017 · 2:21 pm EST
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 StockF2 | Jan 26, 2017 | A | 4,533 | $22.50 | A | 8,761 | D | |
| Common StockF3 | Jan 26, 2017 | F | 1,847 | $22.50 | D | 6,914 | D | |
| Common StockF4 | Jan 26, 2017 | A | 1,666 | $22.50 | A | 8,580 | D | |
| Common StockF1 | holding | — | — | — | 4,228 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to BuyF5 | $12.40 | holding | — | — | — | Aug 23, 2011 | Aug 23, 2020 | Common Stock | 360 | 360 | D |
Explanation of responses
- F1Adjusted to reflect 1 for 5 reverse stock split on October 5, 2016.
- F2Common shares issued upon vesting of performance units granted under the Cincinnati Bell Inc. 2007 Long Term Incentive Plan, which is a Rule 16b-3 plan.
- F3Surrender of common shares to cover tax liabilities upon vesting of performance units.
- F4Restricted 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.
- F5Option shares granted under the Cincinnati Bell Inc. 2007 Long Term Incentive Plan, which is a Rule 16b-3 plan.