Struck Michael A 4
4 · IOWA TELECOMMUNICATIONS SERVICES INC · Filed Dec 8, 2009
Insider Transaction Report
Form 4
Struck Michael A
VP-Sales
Transactions
- Exercise/Conversion
Common Stock
2009-12-04$0.09/sh+20,589$1,935→ 56,291 total - Sale
Common Stsock
2009-12-04$16.49/sh−20,589$339,574→ 35,702 total - Exercise/Conversion
Stock Option (right to buy)
2009-12-04−20,589→ 0 totalExercise: $0.09From: 2002-04-26Exp: 2012-04-25→ Common Stock (20,589 underlying)
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.4201 to $16.57, inclusive. The reporting person undertakes to provide Iowa Telecommunications Services, Inc., any security holder of Iowa Telecommunications Services, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F2]Pursuant to the option plan under which the option was granted, the exercise price has been reduced by the per share amount of dividends paid by the Company on its common stock since the date of option grant.