Cuthbert David 4
4 · WARWICK VALLEY TELEPHONE CO · Filed Oct 25, 2011
Insider Transaction Report
Form 4
Cuthbert David
Executive Vice President-COO
Transactions
- Purchase
Common Shares
2011-10-21+25,148→ 25,148 total
Footnotes (1)
- [F1]Mr. Cuthbert acquired these shares pursuant to the terms of a certain Asset Purchase Agreement dated July 14, 2011 among the Issuer, Warwick Valley Networks, Inc., a wholly-owned subsidiary of the Issuer, and Alteva, LLC. Warwick Valley Networks, Inc. purchased substantially all of the assets and assumed certain of the liabilities of Alteva, LLC in exchange for cash and stock with a combined value of approximately $17 million.