WARD DAVID H 4
4 · FRONTIER COMMUNICATIONS CORP · Filed Apr 4, 2011
Insider Transaction Report
Form 4
WARD DAVID H
Director
Transactions
- Award
Phantom Stock Units
2011-03-31$8.22/sh+805.12$6,618→ 36,101.37 total→ Common Stock (805.12 underlying) - Award
Phantom Stock Units
2011-04-01$6.99/sh+1,341.2$9,375→ 37,442.57 total→ Common Stock (1,341.2 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.