McCall Stephen Phillip 4
4 · OTELCO INC. · Filed Jan 7, 2005
Insider Transaction Report
Form 4
OTELCO INC.OTT
McCall Stephen Phillip
Director
Transactions
- Sale
Class A Common Stock
2005-01-06$14.29/sh−620,417$8,864,518→ 3,855 total(indirect: See Footnote)
Footnotes (3)
- [F1]Included in the sale of 620,417 Income Deposit Securities ("IDSs") that each consisted of one share of Class A common stock and one 13% senior subordinated note due 2019 with a $7.50 principal amount.
- [F2]This is the sale price of the IDSs set forth in the Underwriting Agreement dated December 16, 2004, relating to the sale of the IDSs.
- [F3]See Exhibit 99.1.