Hyde James A. 4

4 · Lumos Networks Corp. · Filed Nov 15, 2011

Insider Transaction Report

Form 4

Period: 2011-11-11

Lumos Networks Corp.LMOS

Hyde James A.

DirectorChief Executive Officer

Transactions

Award
Common Stock, Par Value $0.01 Per Share
2011-11-11+90,423→ 108,769 total
Award
Stock Option (Right to Buy)
2011-11-11$13.85/sh+159,022$2,202,455→ 159,022 total
Exercise: $13.85Exp: 2019-03-30→ Common Stock (159,022 underlying)
Award
Stock Option (Right to Buy)
2011-11-11$13.81/sh+113,651$1,569,520→ 113,651 total
Exercise: $13.81Exp: 2019-12-17→ Common Stock (113,651 underlying)
Award
Stock Option (Right to Buy)
2011-11-11$15.33/sh+78,440$1,202,485→ 78,440 total
Exercise: $15.33Exp: 2021-02-28→ Common 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.

Documents

1 file

4
form4.xmlPrimary
PRIMARY DOCUMENT