RIEGER DEREK 4
4 · SHENANDOAH TELECOMMUNICATIONS CO/VA/ · Filed Feb 21, 2023
Insider Transaction Report
Form 4
RIEGER DEREK
VP Legal/Gen Counsel & Sec
Transactions
- Exercise/Conversion
Restricted Stock Unit
2023-02-16−348→ 5,369 totalExp: 2025-02-20→ Common Stock (348 underlying) - Exercise/Conversion
Common Stock
2023-02-16+1,516→ 2,080 total - Tax Payment
Common Stock
2023-02-16$19.29/sh−501$9,664→ 1,579 total - Exercise/Conversion
Restricted Stock Unit
2023-02-16−1,168→ 4,201 totalExp: 2026-02-19→ Common Stock (1,168 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of common stock.
- [F2]The option vests one-fourth on each the first, second, third and fourth anniversary. The options (and shares issuable upon exercise of the option) are subject to cancellation and forfeiture in accordance with the Company's executive compensation recovery policy.
- [F3]The restricted stock unit award vests 10% in February 2022; and then 30% each in February 2023, February 2024, and February 2025. The restricted stock unit award (and shares issuable upon exercise of the restricted stock unit award) are subject to cancellation and forfeiture in accordance with the Company's executive compensation recovery policy.