NTELOS HOLDINGS CORP. 4
4 · NTELOS HOLDINGS CORP. · Filed Jan 6, 2016
Insider Transaction Report
Form 4
Dir Rodney D
Director
Transactions
- Award
Phantom Shares
2016-01-04+58,124→ 58,124 totalFrom: 2019-01-04Exp: 2019-01-04→ Common Stock, Par Value $0.01 Per Share (58,124 underlying)
Footnotes (2)
- [F1]Each Phantom Share may be settled upon vesting by delivery of either, at Issuer's option, (i) one share of Issuer's common stock or (ii) cash equal to the market price of one share of Issuer's common stock.
- [F2]Phantom Shares cliff vest on January 4, 2019 subject to continued service as a consultant or employee of Issuer and/or its affiliate. In the event that the reporting person's services or employment, as applicable, is terminated for any reason other than death, disability, for cause, or voluntarily by the reporting person, a pro rata portion of the Phantom Shares (based on the number of days elapsed) shall vest on the termination date. In the event of death or disability, all Phantom Shares shall immediately vest.