Williams Foster C 4
4 · ALASKA COMMUNICATIONS SYSTEMS GROUP INC · Filed Mar 16, 2011
Insider Transaction Report
Form 4
Williams Foster C
Chief Human Resources Officer
Transactions
- Tax Payment
Common stock, $.01 par value
2011-03-14$10.08/sh−1,425$14,364→ 3,222 total - Exercise/Conversion
Common stock, $.01 par value
2011-03-14+4,647→ 4,647 total - Exercise/Conversion
Restricted stock units
2011-03-14−4,647→ 9,295 totalExercise: $0.00From: 2011-03-14→ Common stock (4,647 underlying)
Footnotes (2)
- [F1]Performance accelerated restricted stock award under the Alaska Communications Systems Group, Inc. 1999 Stock Incentive Plan
- [F2]Amount represents restricted stock units granted under the Alaska Communications Systems Group, Inc. 1999 Stock Incentive Plan which will vest on 7/1/2015 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 acheived.