WARD DAVID H 4
4 · FRONTIER COMMUNICATIONS CORP · Filed Oct 4, 2010
Insider Transaction Report
Form 4
WARD DAVID H
Director
Transactions
- Award
Phantom Stock Units
2010-09-30$8.17/sh+666.38$5,444→ 29,702.84 total→ Common Stock (666.38 underlying) - Award
Phantom Stock Units
2010-10-01$6.94/sh+2,701.73$18,750→ 32,404.57 total→ Common Stock (2,701.73 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]Quarterly payment of portion of annual retainer paid in the form of phantom stock units.