FRONTIER COMMUNICATIONS CORP 4
4 · FRONTIER COMMUNICATIONS CORP · Filed Jan 4, 2017
Insider Transaction Report
Form 4
Barnes Leroy Jr.
Director
Transactions
- Award
Phantom Stock Units
2016-12-30$3.38/sh+6,154.23$20,801→ 204,261.85 total→ Common Stock (6,154.23 underlying) - Award
Phantom Stock Units
2017-01-03$3.58/sh+8,379.89$30,000→ 212,641.74 total→ Common Stock (8,379.89 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.