Andrews Dennis 4
4 · OTELCO INC. · Filed Mar 15, 2018
Insider Transaction Report
Form 4
OTELCO INC.OTEL
Andrews Dennis
SVP & GM, Alabama
Transactions
- Tax Payment
Class A Common Stock
2018-03-13$14.90/sh−2,936$43,746→ 16,020 total - Exercise/Conversion
Restricted Stock Units
2018-03-13−3,650→ 3,650 total→ Class A Common Stock (3,650 underlying) - Exercise/Conversion
Restricted Stock Units
2018-03-13−4,137→ 0 total→ Class A Common Stock (4,137 underlying) - Exercise/Conversion
Class A Common Stock
2018-03-13+7,787→ 18,956 total
Holdings
- 451(indirect: By IRA)
Class A Common Stock
Footnotes (4)
- [F1]Each restricted stock unit ("RSU") represents a right to receive one share of Otelco Inc. Class A Common Stock.
- [F2]These securities are held in the account of Carolyn Joan Andrews IRA, TD Ameritrade Inc. Custodian, 460 Rocky Ridge Road, Union Grove, Alabama 35175. Carolyn Joan Andrews is the wife of the reporting person.
- [F3]The RSUs vest in three installments: 3,650 RSUs vested on March 13, 2017; 3,650 RSUs vested on March 13, 2018; and 3,650 RSUs vest on March 12, 2019.
- [F4]The RSUs vested in three installments: 4,136 RSUs vested on March 14, 2016; 4,137 RSUs vested on March 13, 2017; and 4,137 RSUs vested on March 13, 2018.