Home/Filings/4/0001209191-05-028759
4//SEC Filing

RURAL CELLULAR CORP 4

Accession 0001209191-05-028759

CIK 0000869561operating

Filed

May 26, 8:00 PM ET

Accepted

May 27, 2:39 PM ET

Size

10.5 KB

Accession

0001209191-05-028759

Insider Transaction Report

Form 4
Period: 2005-05-25
Transactions
  • Other

    Stock Option (Right to Buy)

    2005-05-255,2500 total
    Exercise: $4.89From: 2006-05-25Exp: 2011-05-25Class A Common (5,250 underlying)
  • Award

    Stock Option (Right to Buy)

    2005-05-25+5,2505,250 total
    Exercise: $4.89From: 2006-05-25Exp: 2011-05-25Class A Common (5,250 underlying)
Footnotes (3)
  • [F1]Grant of option to purchase 5250 shares of Issuer's Class A Common as a member of the Issuer's Board of Directors.
  • [F2]Mr. Bolland is the representative of Boston Ventures Limited Partnership V ("BVLPV") to the Issuer's Board of Directors pursuant to the terms of the Class M Redeemable Voting Convertible Preferred Stock Agreement. Since Mr. Bolland's position on the Board is as a nominee of BVLPV, the Issuer's Board of Directors has approved an assignment of the stock option from Mr. Bolland to BVLPV, under the same terms and conditions as originally granted.
  • [F3]As a general partner of Boston Ventures Management, Inc. ("BVM"), an affiliate of BVLPV, Mr. Bolland has an indirect ownership in the shares of Issuer's stock held by BVLPV.

Issuer

RURAL CELLULAR CORP

CIK 0000869561

Entity typeoperating
IncorporatedMN

Related Parties

1
  • filerCIK 0000869561

Filing Metadata

Form type
4
Filed
May 26, 8:00 PM ET
Accepted
May 27, 2:39 PM ET
Size
10.5 KB