4//SEC Filing
WILSON DAVID 4
Accession 0001209191-11-018524
CIK 0001089511other
Filed
Mar 15, 8:00 PM ET
Accepted
Mar 16, 9:01 PM ET
Size
19.4 KB
Accession
0001209191-11-018524
Insider Transaction Report
Form 4
WILSON DAVID
Exec. VP and CFO
Transactions
- Exercise/Conversion
common stock, $.01 par value
2011-03-14+20,032→ 214,562 total - Tax Payment
common stock, $.01 par value
2011-03-14$10.08/sh−5,301$53,434→ 209,261 total - Sale
common stock, $.01 par value
2011-03-16$9.86/sh−40,250$397,026→ 169,011 total - Exercise/Conversion
Restricted stock units
2011-03-14−7,955→ 15,910 totalExercise: $0.00From: 2011-03-14→ Common stock (7,955 underlying) - Exercise/Conversion
Restricted stock units
2011-03-14−4,111→ 4,111 totalExercise: $0.00From: 2011-03-14→ Common stock (4,111 underlying) - Exercise/Conversion
Restricted stock units
2011-03-14−7,966→ 15,934 totalExercise: $0.00From: 2011-03-14→ Common stock (7,966 underlying)
Footnotes (6)
- [F1]Performance accelerated restricted stock award under the Alaska Communications Systems Group, Inc. 1999 Stock Incentive Plan
- [F2]This transaction was made pursuant to a plan intended to comply with Rule 10b5-1(c), previously entered into in March 2011.
- [F3]Reflects weighted average sale price. The range of prices for such transaction is $9.785 to $9.93. The reporting person hereby undertakes to provide, upon request by the Securities and Exchange Commission staff, the issuer, or a shareholder of the issuer, full information regarding the number of shares sold at each separate price.
- [F4]Amount represents restricted stock units granted under the Alaska Communications Systems Group, Inc. 1999 Stock Incentive Plan as part of a larger award, 4,111 shares of which have previously vested upon achievement of company performance goals. An additional 4,111 shares will vest on 1/1/2013 subject to continued employment.
- [F5]Amount represents restricted stock units granted under the Alaska Communications Systems Group, Inc. 1999 Stock Incentive Plan as part of a larger award, 7,955 shares of which will vest on 1/1/2014 subject to continued employment. An additional 7,955 shares may vest under such award, if future company performance goals are achieved.
- [F6]Amount represents restricted stock units granted under the Alaska Communications Systems Group, Inc. 1999 Stock Incentive Plan which will vest on 1/1/2015 subject to continued employment. For each of the next two successive years, 1/2 of the remaining grant will vest on an accelerated basis, if the company performance target is achieved.
Issuer
ALASKA COMMUNICATIONS SYSTEMS GROUP INC
CIK 0001089511
Entity typeother
Related Parties
1- filerCIK 0001282478
Filing Metadata
- Form type
- 4
- Filed
- Mar 15, 8:00 PM ET
- Accepted
- Mar 16, 9:01 PM ET
- Size
- 19.4 KB