FRONTIER COMMUNICATIONS CORP 4
4 · FRONTIER COMMUNICATIONS CORP · Filed Jul 5, 2017
Insider Transaction Report
Form 4
SCHROTT HOWARD L
Director
Transactions
- Award
Phantom Stock Units
2017-07-03$1.18/sh+25,423.73$30,000→ 321,772.69 total→ Common Stock (25,423.73 underlying) - Award
Phantom Stock Units
2017-06-30$1.16/sh+9,878.3$11,459→ 296,348.96 total→ Common Stock (9,878.3 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 phantom stock units granted pursuant to the 2017 Equity Incentive Plan.
- [F3]Quarterly payment of portion of annual retainer paid in the form of phantom stock units.