Barnes Leroy Jr. 4
4 · FRONTIER COMMUNICATIONS CORP · Filed Oct 3, 2017
Insider Transaction Report
Form 4
Barnes Leroy Jr.
Director
Transactions
- Award
Phantom Stock Units
2017-09-29$11.79/sh+920.56$10,853→ 20,009.56 total→ Common Stock (920.56 underlying) - Award
Phantom Stock Units
2017-10-02$12.17/sh+2,465.08$30,000→ 22,474.64 total→ Common Stock (2,465.08 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.