FRONTIER COMMUNICATIONS CORP 4
4 · FRONTIER COMMUNICATIONS CORP · Filed Jan 5, 2009
Insider Transaction Report
Form 4
WARD DAVID H
Director
Transactions
- Award
Phantom Stock Units
2008-12-31$8.74/sh+478.29$4,180→ 17,199.26 totalExercise: $0.00→ Common Stock (478.29 underlying) - Award
Phantom Stock Units
2009-01-02+3,500→ 20,699.26 totalExercise: $0.00→ Common Stock (3,500 underlying)
Footnotes (3)
- [F1]Phantom stock units convert one-for-one into shares of common stock or cash equivalent, at the election of the Reporting Person, upon the Reporting Person's termination of service as a director of the Company.
- [F2]Acquired pursuant to a dividend reinvestment feature of the Non-Employee Directors' Equity Incentive Plan.
- [F3]Acquired pursuant to the annual Formula Grant feature of the Non-Employee Directors' Equity Incentive Plan.