CINCINNATI BELL INC 4
4 · CINCINNATI BELL INC · Filed May 4, 2017
Insider Transaction Report
Form 4
ZRNO JOHN M
Director
Transactions
- Award
Common Stock
2017-05-02$19.15/sh+5,221$99,982→ 40,839 total
Holdings
- 9,900
Phantom Shares
→ Common Stock (9,900 underlying)
Footnotes (3)
- [F1]Restricted Stock Units (RSUs) granted under the 2007 Stock Option Plan for Non-Employee Directors, which is a Rule 16b-3 plan. The RSUs vest on the first anniversary of the grant date. Each RSU constitutes a right to receive one share of Cincinnati Bell Common Stock upon vesting.
- [F2]One for one conversion.
- [F3]Phantom shares are payable in cash following retirement or termination of the reporting person's affiliation with the Company.