SEC Form 4 · accession 0001120437-18-000105
ARRAY DIGITAL INFRASTRUCTURE, INC. · AD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Irizarry
Officer — EVP-CTO
Period of report
Oct 15, 2018
Accepted (ET)
Oct 17, 2018 · 10:09 am 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 | Oct 15, 2018 | M | 43,079 | $44.59 | A | 43,079 | D | |
| Common Shares | Oct 15, 2018 | F | 41,434 | $47.87 | D | 1,645 | D | |
| Common Shares | Oct 15, 2018 | M | 37,367 | $45.87 | A | 39,012 | D | |
| Common Shares | Oct 15, 2018 | F | 36,497 | $47.87 | D | 2,515 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common SharesF2 | $44.59 | Oct 15, 2018 | M | 43,079 | D | — | Apr 1, 2021 | Common Shares | 43,079 | 0 | D |
| Common SharesF2 | $45.87 | Oct 15, 2018 | M | 37,367 | D | — | Apr 1, 2026 | Common Shares | 37,367 | 0 | D |
Explanation of responses
- F1Shares withheld to pay for exercise price (40,127 shares) and tax liability (1,308 shares)
- F2Currently exercisable
- F3Shares withheld to pay for exercise price (35,806 shares) and tax liability (692 shares)