4//SEC Filing
FAIRPOINT COMMUNICATIONS INC 4
Accession 0000895813-17-000048
CIK 0001062613operating
Filed
Jul 5, 8:00 PM ET
Accepted
Jul 6, 3:38 PM ET
Size
15.3 KB
Accession
0000895813-17-000048
Insider Transaction Report
Form 4
ROBINSON MICHAEL K
Director
Transactions
- Disposition to Issuer
Common Stock, par value $0.01 per share
2017-07-03−57,155→ 0 total - Disposition to Issuer
Stock Options
2017-07-03−7,576→ 0 totalExercise: $9.36Exp: 2023-01-22→ Common Stock (7,576 underlying) - Disposition to Issuer
Stock Options
2017-07-03−5,549→ 0 totalExercise: $14.73Exp: 2025-01-22→ Common Stock (5,549 underlying) - Disposition to Issuer
Stock Options
2017-07-03−6,491→ 0 totalExercise: $13.29Exp: 2024-01-22→ Common Stock (6,491 underlying) - Disposition to Issuer
Stock Options
2017-07-03−6,025→ 0 totalExercise: $14.61Exp: 2026-01-22→ Common Stock (6,025 underlying)
Footnotes (5)
- [F1]Disposed of pursuant to an agreement and plan of merger among FairPoint Communications, Inc., Consolidated Communications Holdings, Inc. ("Consolidated") and Falcon Merger Sub, Inc. in exchange for 41,723 shares of Consolidated common stock having a market value of $21.47 per share on the last complete trading day prior to the effective date of the merger.
- [F2]This option, which provided for vesting in of all these options on January 22, 2014, was automatically canceled in exchange for the right to receive 2,227 shares (net of shares surrendered for the payment of taxes) of Consolidated common stock (after taking into account the exercise price) having a market value of $21.47 per share on the last complete trading day prior to the effective date of the merger.
- [F3]This option, which provided for vesting in of all these options on January 22, 2015, was automatically canceled in exchange for the right to receive 719 shares (net of shares surrendered for the payment of taxes) of Consolidated common stock (after taking into account the exercise price) having a market value of $21.47 per share on the last complete trading day prior to the effective date of the merger.
- [F4]This option, which provided for vesting in of all these options on January 22, 2016, was automatically canceled in exchange for the right to receive 243 shares (net of shares surrendered for the payment of taxes) of Consolidated common stock (after taking into account the exercise price) having a market value of $21.47 per share on the last complete trading day prior to the effective date of the merger.
- [F5]This option, which provided for vesting in of all these options on January 23, 2017, was automatically canceled in exchange for the right to receive 299 shares (net of shares surrendered for the payment of taxes) of Consolidated common stock (after taking into account the exercise price) having a market value of $21.47 per share on the last complete trading day prior to the effective date of the merger.
Documents
Issuer
FAIRPOINT COMMUNICATIONS INC
CIK 0001062613
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001062613
Filing Metadata
- Form type
- 4
- Filed
- Jul 5, 8:00 PM ET
- Accepted
- Jul 6, 3:38 PM ET
- Size
- 15.3 KB