SEC Form 4 · accession 0001582800-18-000001
CINCINNATI BELL INC · CBB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Leigh R. Fox
Officer — Chief Executive Officer
Period of report
Jan 25, 2018
Accepted (ET)
Jan 29, 2018 · 11:59 am 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 StockF1 | Jan 25, 2018 | A | 23,542 | $17.60 | A | 79,843 | D | |
| Common StockF2 | Jan 25, 2018 | F | 7,254 | $17.60 | D | 72,589 | D | |
| Common StockF3 | Jan 25, 2018 | A | 51,136 | $17.60 | A | 123,725 | 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 BuyF4 | $14.55 | holding | — | — | — | Jan 29, 2011 | Jan 29, 2020 | Common Stock | 300 | 300 | D |
Explanation of responses
- F1Common 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.
- F2Surrender of common shares to cover tax liabilities upon vesting of performance units.
- F3Restricted Stock Units (RSUs) granted under the Cincinnati Bell Inc. 2017 Long Term Incentive 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.