SEC Form 4 · accession 0001120437-18-000101
ARRAY DIGITAL INFRASTRUCTURE, INC. · AD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth R Meyers
Officer — President and CEO · Director
Period of report
Aug 21, 2018
Accepted (ET)
Aug 22, 2018 · 12:08 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000821130
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Shares | Aug 21, 2018 | M | 199,075 | $36.42 | A | 294,420 | D | |
| Common Shares | Aug 21, 2018 | F | 179,002 | $44.47 | D | 115,418 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option (right to buy)F2 | $36.42 | Aug 21, 2018 | M | 199,075 | D | — | Apr 2, 2015 | Common Shares | 199,075 | 0 | D |
Explanation of responses
- F1Shares withheld to pay for exercise cost (163,038) and tax liability (15,964).
- F2These shares were granted on April 1, 2015, and vest in annual increments of one third on April 1 of each year beginning in 2016 and ending in 2018