Boles Jerry C 4
4 · OTELCO INC. · Filed Mar 15, 2018
Insider Transaction Report
Form 4
OTELCO INC.OTEL
Boles Jerry C
SVP and Controller
Transactions
- Exercise/Conversion
Restricted Stock Units
2018-03-13−2,785→ 2,785 total→ Class A Common Stock (2,785 underlying) - Exercise/Conversion
Class A Common Stock
2018-03-13+5,941→ 16,012 total - Tax Payment
Class A Common Stock
2018-03-13$14.90/sh−2,240$33,376→ 13,772 total - Exercise/Conversion
Restricted Stock Units
2018-03-13−3,156→ 0 total→ Class A Common Stock (3,156 underlying)
Footnotes (3)
- [F1]Each restricted stock unit ("RSU") represents a right to receive one share of Otelco Inc. Class A Common Stock.
- [F2]The RSUs vest in three installments: 2,785 RSUs vested on March 13, 2017; 2,785 RSUs vested on March 13, 2018; and 2,785 RSUs vest on March 12, 2019.
- [F3]The RSUs vested in three installments: 3,156 RSUs vested on March 14, 2016; 3,156 RSUs vested on March 13, 2017; and 3,156 RSUs vested on March 13, 2018.