ATLANTIC TELE NETWORK INC /DE 4
4 · ATLANTIC TELE NETWORK INC /DE · Filed May 19, 2008
Insider Transaction Report
Form 4
Cunningham Thomas V
Director
Transactions
- Award
Common Stock
2008-05-15+559→ 1,678 total - Award
Common Stock
2008-05-15+1,119→ 1,119 total
Footnotes (2)
- [F1]Represents a one-time award of shares of restricted stock granted pursuant to the Issuer's 2008 Equity Incentive Plan upon Mr. Cunningham's appointment to the Issuer's Board of Directors based on the closing per share price of $26.81 of the Issuer's common stock on March 15, 2008. One-third of the shares will vest on each of March 15, 2008, 2009 and 2010.
- [F2]Represents fully vested shares of restricted stock granted pursuant to the Issuer's 2008 Equity Incentive Plan in payment of a portion of Mr. Cunningham's 2008 annual director retainer based on the closing per share price of $26.81 of the Issuer's common stock on March 15, 2008.