RURAL CELLULAR CORP 4
4 · RURAL CELLULAR CORP · Filed May 31, 2007
Insider Transaction Report
Form 4
SWENSON DONALD C
Director
Transactions
- Award
Restricted Stock Units
2007-05-29+1,298→ 1,298 total→ Class A Common (1,298 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Rural Cellular Corporation Class A common stock.
- [F2]The restricted stock units will vest in one year and the shares will be delivered to the director six months after the end of his service on the board.