Flowers Ann E 4
4 · SHENANDOAH TELECOMMUNICATIONS CO/VA/ · Filed Feb 22, 2012
Insider Transaction Report
Form 4
Flowers Ann E
VP-Legal & General Counsel
Transactions
- Exercise/Conversion
Restricted Stock Units
2012-02-21−909→ 51,132 totalExp: 2015-02-21→ Common Stock (909 underlying) - Award
Common Stock
2012-02-21$10.82/sh+909$9,835→ 2,263.76 total - Tax Payment
Common Stock
2012-02-21$10.82/sh−330$3,571→ 1,933.76 total
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of common stock.
- [F2]The restricted stock units vest 1/4 on each the first, second, third and fourth anniversary subject to the continuous employment by the Company or one of its affiliates until the date of vesting. Vested shares will be delivered to the reporting person on the vesting date. The restricted stock units are subject to forfeiture in accordance with the Company's executive compensation recovery policy.