Finard Jeri B 4
4 · FRONTIER COMMUNICATIONS CORP · Filed Apr 3, 2012
Insider Transaction Report
Form 4
Finard Jeri B
Director
Transactions
- Award
Phantom Stock Units
2012-04-02$3.63/sh+10,330.58$37,500→ 147,699.57 total→ Common Stock (10,330.58 underlying) - Award
Phantom Stock Units
2012-03-30$4.17/sh+3,217.07$13,415→ 137,368.99 total→ Common Stock (3,217.07 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 divident reinvestment feature of the Non-Employee Directors' Equity Incentive Plan.
- [F3]Quarterly payment of annual retainer paid in the form of phantom stock units, one half of which was pursuant to the Reporting Person's election to receive phantom stock units in lieu of cash.