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FAIRPOINT COMMUNICATIONS INC 4

Accession 0001062613-16-000119

CIK 0001062613operating

Filed

Jan 24, 7:00 PM ET

Accepted

Jan 25, 4:14 PM ET

Size

7.8 KB

Accession

0001062613-16-000119

Insider Transaction Report

Form 4
Period: 2016-01-22
Sunu Paul
DirectorChief Executive Officer
Transactions
  • Award

    Common stock, par value $0.01 per share

    2016-01-22+31,000304,000 total
  • Award

    Stock Options (A&R 2010 Long Term Incentive Plan)

    2016-01-22+54,00054,000 total
    Exercise: $14.61Exp: 2026-01-22Common stock, par value $0.01 per share (54,000 underlying)
Footnotes (2)
  • [F1]Represents restricted shares of FairPoint Communications, Inc. (the "Company") common stock, par value $0.01 per share, issued pursuant to the Company's Amended and Restated 2010 Long Term Incentive Plan (the "LTIP") on January 22, 2016 (the "Grant Date"). 25% of these restricted shares vested on the Grant Date with the remainder to vest in equal installments on January 23, 2017, January 22, 2018 and January 22, 2019. No consideration was paid by the Reporting Person for these restricted shares.
  • [F2]Represents stock options issued pursuant to the Company's LTIP on the Grant Date. 25% of these stock options vested on the Grant Date with the remainder to vest in equal installments on January 23, 2017, January 22, 2018 and January 22, 2019. No consideration was paid by the Reporting Person for these stock options.

Issuer

FAIRPOINT COMMUNICATIONS INC

CIK 0001062613

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001062613

Filing Metadata

Form type
4
Filed
Jan 24, 7:00 PM ET
Accepted
Jan 25, 4:14 PM ET
Size
7.8 KB