SEC Form 4 · accession 0001224421-16-000024

ARRAY DIGITAL INFRASTRUCTURE, INC. · AD

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Exec. VP and CTO

Period of report

Dec 9, 2016

Accepted (ET)

Dec 13, 2016 · 4:30 pm EST

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
Common Shares	Dec 9, 2016	M	22,268	$31.17	A	25,264	D
Common Shares^F2	Dec 9, 2016	F	16,661	$41.66	D	8,603	D
Common Shares^F3	Dec 9, 2016	F	2,562	$41.66	D	6,041	D
Common Shares	Dec 9, 2016	M	23,467	$36.42	A	29,508	D
Common Shares^F2	Dec 9, 2016	F	20,515	$41.66	D	8,993	D
Common Shares^F3	Dec 9, 2016	F	1,349	$41.66	D	7,644	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Option (Right to Buy)^F1	$31.17	Dec 9, 2016	M	22,268	D	Apr 1, 2016	Apr 1, 2023	Common Shares	22,268	0	D
Option (Right to Buy)^F1	$36.42	Dec 9, 2016	M	23,467	D	Apr 1, 2016	Apr 1, 2025	Common Shares	23,467	46,933	D

F1Granted under the United States Cellular Corporation Long Term Incentive Plan. This option vested in three equal annual installments beginning on the first anniversary of the grant date
F2Withholding of Common Shares for payment of the option exercise price and cash payment of remaining fractional share in connection with the exercise of options awarded under the United States Cellular Corporation Long Term Incentive Plan.
F3Withholding of Common Shares as settlement for taxes due in connection with the exercise price of an option awarded under the United States Cellular Corporation Long Term Incentive Plan.