OTELCO INC. 4
4 · OTELCO INC. · Filed Mar 16, 2015
Insider Transaction Report
Form 4
OTELCO INC.OTEL
Souza Robert J.
DirectorPresident & CEO
Transactions
- Exercise/Conversion
Restricted Stock Units
2015-03-13−5,423→ 10,846 total→ Class A Common Stock (5,423 underlying) - Exercise/Conversion
Class A Common Stock
2015-03-13+5,423→ 5,423 total - Award
Restricted Stock Units
2015-03-12+16,269→ 16,269 total→ Class A Common Stock (16,269 underlying)
Footnotes (2)
- [F1]Each restricted stock unit ("RSU") represents a right to receive one share of Otelco Inc. Class A Common Stock.
- [F2]The RSUs vest in three installments: 5,423 RSUs vest on March 13, 2015; 5,423 RSUs vest on March 14, 2016; and 5,423 RSUs vest on March 13, 2017.