Andrews Dennis 4
4 · OTELCO INC. · Filed Mar 14, 2019
Insider Transaction Report
Form 4
OTELCO INC.OTEL
Andrews Dennis
SVP & GM, Alabama
Transactions
- Award
Restricted Stock Units
2019-03-08+2,645→ 2,645 total→ Class A Common Stock (2,645 underlying) - Exercise/Conversion
Class A Common Stock
2019-03-12+3,650→ 19,670 total - Tax Payment
Class A Common Stock
2019-03-12$15.35/sh−1,267$19,448→ 18,403 total - Exercise/Conversion
Restricted Stock Units
2019-03-12−3,650→ 0 total→ Class A Common Stock (3,650 underlying)
Holdings
- 94(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, 2349 Sunset Drive, Guntersville, Alabama 35976. Carolyn Joan Andrews is the wife of the reporting person.
- [F3]The RSUs vest in two installments: 1,323 RSUs vest on March 13, 2020; and 1,322 RSUs vest on March 15, 2021.
- [F4]The RSUs vested in three installments: 3,650 RSUs vested on March 13, 2017; 3,650 RSUs vested on March 13, 2018; and 3,650 RSUs vested on March 12, 2019.