SEC Form 4 · accession 0001179110-16-029958
ATN International, Inc. · ATNI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Justin D Benincasa
Officer — CFO
Period of report
Sep 22, 2016
Accepted (ET)
Sep 23, 2016 · 4:44 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000879585
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Sep 22, 2016 | M | 1,821 | $23.78 | A | 48,364 | D | |
| Common Stock | Sep 22, 2016 | M | 4,146 | $46.85 | A | 52,510 | D | |
| Common Stock | Sep 22, 2016 | M | 3,033 | $32.96 | A | 55,543 | D | |
| Common StockF4 | Sep 22, 2016 | J | 5,004 | $67.45 | D | 50,539 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF1 | $23.78 | Sep 22, 2016 | M | 1,821 | D | — | Dec 5, 2018 | Common Stock | 1,821 | 0 | D |
| Stock OptionF2 | $46.85 | Sep 22, 2016 | M | 4,146 | D | — | Feb 11, 2020 | Common Stock | 4,146 | 1,495 | D |
| Stock OptionF3 | $32.96 | Sep 22, 2016 | M | 3,033 | D | — | Mar 15, 2021 | Common Stock | 3,033 | 0 | D |
Explanation of responses
- F1The option vested in equal installments on each of December 5, 2009, 2010, 2011 and 2012.
- F2The option vested in equal installments on each of February 11, 2010, 2011, 2012 and 2013.
- F3The option vested in equal installments on each of March 15, 2011, 2012, 2013 and 2014.
- F4Reflects shares withheld by the Company for payment of Mr. Benincasa's purchase price and tax obligations resulting from the exercise of options.