FRONTIER COMMUNICATIONS CORP 4
4 · FRONTIER COMMUNICATIONS CORP · Filed Apr 4, 2016
Insider Transaction Report
Form 4
WICK MYRON A III
Director
Transactions
- Award
Phantom Stock Units
2016-03-31$5.59/sh+4,774.9$26,692→ 258,981.62 total→ Common Stock (4,774.9 underlying) - Award
Phantom Stock Units
2016-04-01$5.47/sh+5,484.46$30,000→ 264,466.08 total→ Common Stock (5,484.46 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.