FAIRPOINT COMMUNICATIONS INC 4
4 · FAIRPOINT COMMUNICATIONS INC · Filed Jan 24, 2013
Insider Transaction Report
Form 4
Hauser Rose M
Sr. VP and Chief Info. Officer
Transactions
- Award
Common stock, par value $0.01 per share
2013-01-22+6,000→ 13,000 total - Award
Stock Options (2010 Long Term Incentive Plan)
2013-01-22+8,000→ 8,000 totalExercise: $9.36Exp: 2023-01-22→ Common stock, par value $0.01 per share (8,000 underlying)
Footnotes (2)
- [F1]Represents restricted shares of FairPoint Communications, Inc. (the "Company") common stock, par value $0.01 per share, issued pursuant to the Company's 2010 Long Term Incentive Plan (the "LTIP") on January 22, 2013 (the "Grant Date"). 1,500 of these restricted shares vested on the Grant Date, with the remainder to vest in three equal annual installments, commencing on the first anniversary of the Grant Date. No consideration was paid by the Reporting Person for these restricted shares.
- [F2]Represents stock options issued pursuant to the LTIP on January 22, 2013. 2,000 of these stock options vested on the Grant Date, with the remainder to vest in three equal annual installments, commencing on the first anniversary of the Grant Date. No consideration was paid by the Reporting Person for these stock options.