ALTEVA, INC. 4
4 · ALTEVA, INC. · Filed Mar 25, 2015
Insider Transaction Report
Form 4
ALTEVA, INC.ALTV
Callahan Brian H.
Executive Vice President-CFO
Transactions
- Tax Payment
Common Stock
2015-03-22$7.18/sh−2,858$20,520→ 40,384 total
Holdings
- 5,500
Employee Stock Option (Right to Buy)
Exercise: $10.80Exp: 2023-03-11→ Common Stock (5,500 underlying) - 15,000
Employee Stock Option (Right to Buy)
Exercise: $9.90Exp: 2023-03-22→ Common Stock (15,000 underlying)
Footnotes (2)
- [F1]Disposition of securities for payment of tax liablity associated with vesting of securities issued under the Amended and Restated Warwick Valley Telephone Company 2008 Long-Term Incentive Plan in accordance with Rule 16b-3.
- [F2]This option was previously reported by Mr. Callahan and shall vest and become exercisable as follows: (i) one third of the shares subject to the stock option upon the date that is one year from the date of the agreement; (ii) an additional one-third of the shares subject to the stock option upon the date that is two years from the date of the agreement; and (iii) the remaining one-third of the shares subject to the stock option upon the date that is three years from the date of the agreement, assuming Mr. Callahan's continuous employment with the Company.