Vadapalli Anand 4
4 · ALASKA COMMUNICATIONS SYSTEMS GROUP INC · Filed Jul 24, 2018
Insider Transaction Report
Form 4
Vadapalli Anand
Exec. VP, Technology and Oper.
Transactions
- Award
Restricted Stock Units
2018-07-20+131,291→ 131,291 totalExercise: $0.00Exp: 2028-07-20→ Common Stock (131,291 underlying) - Award
Performance Stock Units
2018-07-20+642,377→ 642,377 totalExercise: $0.00Exp: 2028-07-20→ Common Stock (642,377 underlying)
Footnotes (4)
- [F1]Restricted stock unit award under the Alaska Communications Systems Group, Inc. 2011 Incentive Award Plan.
- [F2]Amount represents restricted stock units granted under the Alaska Communications Systems Group, Inc. 2011 Incentive Award Plan which will vest in three equal annual installments beginning on the first company business day on or after March 1, 2019, subject to continued employment.
- [F3]PSUs are comprised of three tranches with performance periods of one, two, or three years. Each tranche will vest if the Company's 20-day Volume Weighted Average price meets or exceeds the identified vesting price for that tranche during the performance period for that tranche.
- [F4]Any tranches that do not vest within their identified vesting time frame shall immediately terminate after the close of the vesting period and be forfeited without any settlement thereunder. All awards subject to continued employment.