Mercer John S 4
4 · WARWICK VALLEY TELEPHONE CO · Filed Feb 28, 2012
Insider Transaction Report
Form 4
Mercer John S
Executive Vice President, CTO
Transactions
- Award
Common Shares
2012-02-24+1,852→ 9,612 total - Award
Employee Stock Option (Right to Buy)
2012-02-24+7,409→ 7,409 totalExercise: $14.38Exp: 2022-02-24→ Common Stock (7,409 underlying)
Holdings
- 7,517
Employee Stock Option (Right to Buy)
Exercise: $11.20→ Common Stock (7,517 underlying) - 2,640
Employee Stock Option (Right to Buy)
Exercise: $12.88→ Common Stock (2,640 underlying) - 4,561
Employee Stock Option (Right to Buy)
Exercise: $14.70→ Common Stock (4,561 underlying)
Footnotes (4)
- [F1]This option was granted under the Warwick Valley Telephone Company 2008 Long Term Incentive Plan in a transaction exempt under rule 16b-3 and is exercisable as follows: 2,470 shares on 02/24/2013, 2,470 shares on 02/24/2014 and 2,469 shares on 02/24/2014 assuming Mr. Mercer's continuous employment with the Company.
- [F2]This option was previously reported by Mr. Mercer and is exercisable as follows:2,506 shares on 4/27/2010, 2,506 shares on 4/27/2011 and 2,505 shares on 4/27/2012, assuming Mr. Mercer's continued employment with the Company.
- [F3]This option was was previously reported by Mr. Mercer and is exercisable as follows: 880 shares on 2/23/2011, 880 shares on 2/23/2012, and 880 shares on 2/23/2013, assuming Mr. Mercer's continuous employment with the Company.
- [F4]This option was previously reported by Mr. Mercer and is exercisable as follows: 1,520 shares on 2/25/2012, 1,520 shares on 2/25/2013, and 1,521 shares on 2/25/2014, assuming Mr. Mercer's continuous employment with the Company.