WARD DAVID H 4
4 · FRONTIER COMMUNICATIONS CORP · Filed Jan 4, 2011
Insider Transaction Report
Form 4
WARD DAVID H
Director
Transactions
- Award
Phantom Stock Units
2011-01-03$8.27/sh+2,267.23$18,750→ 35,296.25 total→ Common Stock (2,267.23 underlying) - Award
Phantom Stock Units
2010-12-31$9.73/sh+624.45$6,076→ 33,029.02 total→ Common Stock (624.45 underlying)
Footnotes (3)
- [F1]Phantom stock units convert one-for-one into shares of common stock or cash equivalent, at the election of the Reporting Person, upon the Reporting Person's termination of service as a director of the Company.
- [F2]Acquired pursuant to a dividend reinvestment feature of the Non-Employee Directors' Equity Incentive Plan.
- [F3]Quarterly payment of portion of annual retainer paid in the form of phantom stock units.