MORELL THOMAS E 4
4 · D&E COMMUNICATIONS INC · Filed Nov 12, 2009
Insider Transaction Report
Form 4
MORELL THOMAS E
Sr. VP, CFO, Secretary & Treas
Transactions
- Award
Common Stock
2009-11-10+14,175→ 51,933 total - Disposition to Issuer
Common Stock
2009-11-10−51,933→ 0 total
Footnotes (2)
- [F1]Non-derivative performance restricted shares and performance restricted units vested upon the termination of issuer's 1999 and 2008 Long Term Incentive Plans as a result of a change in control which occurred on the effective date of a merger between issuer and Windstream Corporation.
- [F2]The shares were disposed of pursuant to a merger agreement between the issuer and Windstream Corporation in which each share of issuer's common stock was exchanged for $5.00 and 0.65 shares of Windstream Corporation common stock having a market value of $10.02 per share on the effective date of the merger.