Home/Filings/4/0001127602-11-029673
4//SEC Filing

Hyde James A. 4

Accession 0001127602-11-029673

CIK 0001520744other

Filed

Nov 14, 7:00 PM ET

Accepted

Nov 15, 7:11 PM ET

Size

13.4 KB

Accession

0001127602-11-029673

Insider Transaction Report

Form 4
Period: 2011-11-11
Hyde James A.
DirectorChief Executive Officer
Transactions
  • Award

    Common Stock, Par Value $0.01 Per Share

    2011-11-11+90,423108,769 total
  • Award

    Stock Option (Right to Buy)

    2011-11-11$13.85/sh+159,022$2,202,455159,022 total
    Exercise: $13.85Exp: 2019-03-30Common Stock (159,022 underlying)
  • Award

    Stock Option (Right to Buy)

    2011-11-11$13.81/sh+113,651$1,569,520113,651 total
    Exercise: $13.81Exp: 2019-12-17Common Stock (113,651 underlying)
  • Award

    Stock Option (Right to Buy)

    2011-11-11$15.33/sh+78,440$1,202,48578,440 total
    Exercise: $15.33Exp: 2021-02-28Common Stock (78,440 underlying)
Footnotes (7)
  • [F1]Reflects automatic adjustments to outstanding share awards, made pursuant to the Employee Matters Agreement ("Employee Matters Agreement") between Lumos Networks Corp. ("Lumos") and NTELOS Holdings Corp. ("NTELOS") and approved by the Compensation Committee on November 11, 2011, to account for 2-for-1 reverse stock split by NTELOS and subsequent spin off of Lumos that occurred on October 31, 2011.
  • [F2]Balance reflects receipt of stock distribution from NTELOS on October 31, 2011 and automatic adjustments to outstanding share awards, made pursuant to the Employee Matters Agreement and approved by the Compensation Committee on November 11, 2011, to account for 2-for-1 reverse stock split by NTELOS and subsequent spin off of Lumos that occurred on October 31, 2011.
  • [F3]Exercise Price reflects automatic adjustment to outstanding option awards, made pursuant to the Employee Matters Agreement and approved by the Compensation Committee on November 11, 2011, to account for 2-for-1 reverse stock split by NTELOS and spin off of Lumos that occurred on October 31, 2011.
  • [F4]Number of options reflects automatic adjustment to outstanding option awards, made pursuant to the Employee Matters Agreement and approved by the Compensation Committee on November 11, 2011, to account for 2-for-1 reverse stock split by NTELOS and spin off of Lumos that occurred on October 31, 2011.
  • [F5]79,511 options are currently vested and exercisable; one half of remaining balance vests on each of March 30, 2012 and March 30, 2013.
  • [F6]28,412 options are currently vested and exercisable, 33-1/3% of remaining options vest on each of December 17, 2011, December 17, 2012 and December 17, 2013.
  • [F7]Vests 25% on each of February 28, 2012; February 28, 2013; February 28, 2014; and February 28, 2015.

Issuer

Lumos Networks Corp.

CIK 0001520744

Entity typeother

Related Parties

1
  • filerCIK 0001455700

Filing Metadata

Form type
4
Filed
Nov 14, 7:00 PM ET
Accepted
Nov 15, 7:11 PM ET
Size
13.4 KB