CITIZENS COMMUNICATIONS CO 4

4 · CITIZENS COMMUNICATIONS CO · Filed Sep 3, 2004

Form 4

Period: 2004-09-02

Director

Transactions

Award
Phantom Stock Units
2004-09-02$12.65/sh+15,525.7$196,400→ 102,814.64 total
Exercise: $0.00→ Common Stock (15,525.7 underlying)
Disposition to Issuer
Director Stock Option (Right to Buy)
2004-09-02−10,000→ 0 total
Exercise: $16.59From: 2001-01-01Exp: 2010-09-01→ Common Stock (10,000 underlying)
Disposition to Issuer
Formula Plan Options (Right to Buy)
2004-09-02−5,000→ 0 total
Exercise: $14.31From: 2000-07-01Exp: 2010-01-01→ Common Stock (5,000 underlying)
Award
Formula Plan Option (Right to Buy)
2004-09-02+5,815→ 5,815 total
Exercise: $12.31From: 2004-09-02Exp: 2010-01-01→ Common Stock (5,815 underlying)
Award
Phantom Stock Units
2004-09-02$12.65/sh+3,023.89$38,252→ 20,024.88 total(indirect: By Trust)
Exercise: $0.00→ Common Stock (3,023.89 underlying)
Award
Director Stock Option (Right to Buy)
2004-09-02+11,630→ 11,630 total
Exercise: $14.27From: 2004-09-02Exp: 2010-09-01→ Common Stock (11,630 underlying)

Footnotes (5)

[F1]The Reporting Person agreed to cancellation of the original option grant in exchange for a new option having a lower exercise pri ce and the same expiration date.
[F2]The Phantom Stock Units convert one for one share of common stock upon the Reporting Persons retirement.
[F3]Acquired pursuant to a dividend reinvestment feature of the Non-Employee Directors Deferred Fee Equity Plan.
[F4]Units are to be settled after Reporting Persons retirement.
[F5]Pursuant to Reporting Person's election for securities to be granted to the GST Trust under the will of Aaron Heine f/b/o Andrew N. Heine.

Documents

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