Askowitz Lawrence Jay 4
4 · Lumos Networks Corp. · Filed Nov 17, 2017
Insider Transaction Report
Form 4
Askowitz Lawrence Jay
Director
Transactions
- Disposition to Issuer
Common Stock, Par Value $0.01 Per Share
2017-11-17$18.00/sh−12,267$220,806→ 0 total
Footnotes (1)
- [F1]Pursuant to the Agreement and Plan of Merger (the "Merger Agreement") among Lumos Networks Corp., a Delaware corporation (the "Company"), MTN Infrastructure TopCo, Inc., a Delaware corporation ("Parent"), and MTN Infrastructure BidCo, Inc., a Delaware corporation and a wholly-owned subsidiary of Parent ("Merger Sub"), on November 17, 2017, Merger Sub merged with and into the Company, with the Company surviving as a wholly-owned subsidiary of Parent (the "Merger"). Immediately prior to the effective time of the Merger, shares of Company restricted stock automatically vested and the restrictions thereon lapsed. This represents shares disposed of pursuant to the Merger Agreement and related transactions upon completion of the Merger. These dispositions are exempt under Rule 16b-3(e).