FRONTIER COMMUNICATIONS CORP 4
4 · FRONTIER COMMUNICATIONS CORP · Filed Oct 4, 2016
Insider Transaction Report
Form 4
WICK MYRON A III
Director
Transactions
- Award
Phantom Stock Units
2016-09-30$4.16/sh+6,969.77$28,994→ 283,105.48 total→ Common Stock (6,969.77 underlying) - Award
Phantom Stock Units
2016-10-03$4.14/sh+7,246.38$30,000→ 290,351.86 total→ Common Stock (7,246.38 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.