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4//SEC Filing

ANDERSON DIEGO B 4

Accession 0001127602-17-032579

CIK 0001520744other
View on SEC.govCompany Profile

Filed

Nov 16, 7:00 PM ET

Accepted

Nov 17, 3:27 PM ET

Size

41.2 KB

Accession

0001127602-17-032579

Insider Transaction Report

Form 4
Period: 2017-11-17
Lumos Networks Corp.LMOS
ANDERSON DIEGO B
SVP & General Manager
Transactions
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2017-11-17−16,748→ 0 total
    Exercise: $11.31→ Common Stock (16,748 underlying)
  • Tax Payment

    Common Stock, Par Value $0.01 Per Share

    2017-11-17$18.00/sh−30,121$542,178→ 62,241 total
  • Disposition to Issuer

    Common Stock, Par Value $0.01 Per Share

    2017-11-17$18.00/sh−3,595.48$64,719→ 0 total(indirect: By 401(k))
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2017-11-17−10,000→ 0 total
    Exercise: $20.58→ Common Stock (10,000 underlying)
  • Exercise/Conversion

    Common Stock, Par Value $0.01 Per Share

    2017-11-17$15.52/sh+4,042$62,732→ 89,828 total
  • Exercise/Conversion

    Common Stock, Par Value $0.01 Per Share

    2017-11-17$16.83/sh+2,534$42,647→ 92,362 total
  • Exercise/Conversion

    Stock Option (Right to Buy)

    2017-11-17−3,801→ 0 total
    Exercise: $13.77→ Common Stock (3,801 underlying)
  • Exercise/Conversion

    Common Stock, Par Value $0.01 Per Share

    2017-11-17$14.23/sh+3,801$54,088→ 81,985 total
  • Exercise/Conversion

    Stock Option (Right to Buy)

    2017-11-17−14,858→ 16,748 total
    Exercise: $11.31→ Common Stock (14,858 underlying)
  • Exercise/Conversion

    Stock Option (Right to Buy)

    2017-11-17−2,534→ 0 total
    Exercise: $16.83→ Common Stock (2,534 underlying)
  • Exercise/Conversion

    Common Stock, Par Value $0.01 Per Share

    2017-11-17$11.31/sh+14,858$168,044→ 66,248 total
  • Exercise/Conversion

    Common Stock, Par Value $0.01 Per Share

    2017-11-17$13.77/sh+3,801$52,340→ 78,184 total
  • Exercise/Conversion

    Stock Option (Right to Buy)

    2017-11-17−3,801→ 0 total
    Exercise: $14.23→ Common Stock (3,801 underlying)
  • Exercise/Conversion

    Stock Option (Right to Buy)

    2017-11-17−4,042→ 0 total
    Exercise: $15.52→ Common Stock (4,042 underlying)
  • Exercise/Conversion

    Common Stock, Par Value $0.01 Per Share

    2017-11-17$12.80/sh+8,135$104,128→ 74,383 total
  • Exercise/Conversion

    Common Stock, Par Value $0.01 Per Share

    2017-11-17$15.33/sh+3,801$58,269→ 85,786 total
  • Disposition to Issuer

    Common Stock, Par Value $0.01 Per Share

    2017-11-17$18.00/sh−62,241$1,120,338→ 0 total
  • Exercise/Conversion

    Stock Option (Right to Buy)

    2017-11-17−8,135→ 0 total
    Exercise: $12.80→ Common Stock (8,135 underlying)
  • Exercise/Conversion

    Stock Option (Right to Buy)

    2017-11-17−3,801→ 0 total
    Exercise: $15.33→ Common Stock (3,801 underlying)
Footnotes (4)
  • [F1]Shares withheld by Lumos Networks Corp., a Delaware corporation (the "Company"), for net settlement of option cost for stock options exercised immediately prior to the Merger (defined below).
  • [F2]Pursuant to the Agreement and Plan of Merger (the "Merger Agreement") among 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).
  • [F3]Pursuant to the Merger Agreement, these stock options were exercised immediately prior to the Merger and were net settled in shares.
  • [F4]Immediately prior to the effective time of the Merger, each option to purchase shares of Company common stock that was then outstanding automatically vested and was cancelled and entitled the option holder to receive an amount in cash equal to the product of (i) the total number of shares of Company common stock subject to the option and (ii) the amount, if any, by which the $18.00 merger consideration exceeded the applicable exercise price per share of Company common stock underlying the option (less any applicable withholding taxes).

Documents

2 files

Issuer

Lumos Networks Corp.

CIK 0001520744

→
Entity typeother

Related Parties

1
  • filerCIK 0001602420

Filing Metadata

Form type
4
Filed
Nov 16, 7:00 PM ET
Accepted
Nov 17, 3:27 PM ET
Size
41.2 KB
View on SEC.gov