Souza Robert J. 4
4 · OTELCO INC. · Filed Mar 15, 2018
Insider Transaction Report
Form 4
OTELCO INC.OTEL
Souza Robert J.
DirectorPresident & CEO
Transactions
- Exercise/Conversion
Restricted Stock Units
2018-03-13−11,642→ 11,642 total→ Class A Common Stock (11,642 underlying) - Exercise/Conversion
Restricted Stock Units
2018-03-13−13,239→ 0 total→ Class A Common Stock (13,239 underlying) - Exercise/Conversion
Class A Common Stock
2018-03-13+24,881→ 60,810 total - Tax Payment
Class A Common Stock
2018-03-13$14.90/sh−9,380$139,762→ 51,430 total
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: 11,641 RSUs vested on March 13, 2017; 11,642 RSUs vested on March 13, 2018; and 11,642 RSUs vest on March 12, 2019.
- [F3]The RSUs vested in three installments: 13,240 RSUs vested on March 14, 2016; 13,239 RSUs vested on March 13, 2017; and 13,239 RSUs vested on March 13, 2018.