SEC Form 4 · accession 0001120437-18-000107
ARRAY DIGITAL INFRASTRUCTURE, INC. · AD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Deirdre Drake
Officer — EVP-Chief HR Officer
Period of report
Oct 16, 2018
Accepted (ET)
Oct 18, 2018 · 3:07 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 | Oct 16, 2018 | M | 18,075 | $40.80 | A | 18,075 | D | |
| Common Shares | Oct 16, 2018 | F | 16,015 | $48.64 | D | 2,060 | D | |
| Common Shares | Oct 16, 2018 | M | 10,691 | $36.42 | A | 12,751 | D | |
| Common Shares | Oct 16, 2018 | F | 8,792 | $48.64 | D | 3,959 | D | |
| Common Shares | Oct 16, 2018 | M | 17,250 | $45.87 | A | 21,209 | D | |
| Common Shares | Oct 16, 2018 | F | 16,555 | $48.64 | D | 4,654 | 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 | $40.80 | Oct 16, 2018 | M | 18,075 | D | — | Apr 15, 2024 | Common Shares | 18,075 | 0 | D |
| Common SharesF2 | $36.42 | Oct 16, 2018 | M | 10,691 | D | — | Apr 1, 2025 | Common Shares | 10,691 | 0 | D |
| Common SharesF2 | $45.87 | Oct 16, 2018 | M | 17,250 | D | — | Apr 1, 2026 | Common Shares | 17,250 | 0 | D |
Explanation of responses
- F1Shares withheld to pay for exercise price (15,162 shares) and tax liability (854 shares)
- F2Currently exercisable
- F3Shares withheld to pay for exercise price (8,005 shares) and tax liability (787 shares)
- F4Shares withheld to pay for exercise price (16,268 shares) and tax liability (288 shares)