OTELCO INC. 4
4 · OTELCO INC. · Filed Mar 14, 2016
Insider Transaction Report
Form 4
OTELCO INC.OTEL
Tisdale Ed
SVP, New England RLEC
Transactions
- Exercise/Conversion
Class A Common Stock
2016-03-14+6,288→ 8,820 total - Tax Payment
Class A Common Stock
2016-03-14$5.10/sh−2,371$12,092→ 6,449 total - Exercise/Conversion
Restricted Stock Units
2016-03-14−3,810→ 7,620 total→ Class A Common Stock (3,810 underlying) - Award
Restricted Stock Units
2016-03-10+11,430→ 11,430 total→ Class A Common Stock (11,430 underlying) - Exercise/Conversion
Restricted Stock Units
2016-03-14−2,478→ 2,479 total→ Class A Common Stock (2,478 underlying)
Footnotes (3)
- [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: 3,810 RSUs vested on March 14, 2016; 3,810 RSUs vest on March 13, 2017; and 3,810 RSUs vest on March 13, 2018.
- [F3]The RSUs vest in three installments: 2,478 RSUs vested on March 13, 2015; 2,478 RSUs vested on March 14, 2016; and 2,479 RSUs vest on March 13, 2017.