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4//SEC Filing

OTELCO INC. 4

Accession 0001571049-17-002354

CIK 0001288359operating
View on SEC.govCompany Profile

Filed

Mar 12, 8:00 PM ET

Accepted

Mar 13, 5:15 PM ET

Size

17.2 KB

Accession

0001571049-17-002354

Insider Transaction Report

Form 4
Period: 2017-03-09
OTELCO INC.OTEL
Garner Curtis Lee JR
Chief Financial Officer
Transactions
  • Exercise/Conversion

    Restricted Stock Units

    2017-03-13−4,353→ 0 total
    → Class A Common Stock (4,353 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    2017-03-13−5,645→ 11,291 total
    → Class A Common Stock (5,645 underlying)
  • Exercise/Conversion

    Class A Common Stock

    2017-03-13+16,396→ 30,326 total
  • Tax Payment

    Class A Common Stock

    2017-03-13$6.25/sh−6,181$38,631→ 24,145 total
  • Award

    Restricted Stock Units

    2017-03-09+16,936→ 16,936 total
    → Class A Common Stock (16,936 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    2017-03-13−6,398→ 6,398 total
    → Class A Common Stock (6,398 underlying)
Holdings

  • Class A Common Stock

    (indirect: As UGMA custodian for granddaughter)
    164

  • Class A Common Stock

    (indirect: As UGMA custodian for granddaughter)
    164
Footnotes (5)
  • [F1]Each restricted stock unit ("RSU") represents a right to receive one share of Otelco Inc. Class A Common Stock.
  • [F2]These securities are held by Uniform Gifts to Minors Act accounts for the benefit of the reporting person's granddaughters. The reporting person is custodian of such accounts. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of these securities for Section 16 or for any other purpose.
  • [F3]The RSUs vest in three installments: 5,645 RSUs vested on March 13, 2017; 5,645 RSUs vest on March 13, 2018; and 5,646 RSUs vest on March 12, 2019.
  • [F4]The RSUs vest in three installments: 6,398 RSUs vested on March 14, 2016; 6,398 RSUs vested on March 13, 2017; and 6,398 RSUs vest on March 13, 2018.
  • [F5]The RSUs vested in three installments: 4,352 RSUs vested on March 13, 2015; 4,352 RSUs vested on March 14, 2016; and 4,353 RSUs vested on March 13, 2017.

Documents

1 file

Issuer

OTELCO INC.

CIK 0001288359

→
Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001288359

Filing Metadata

Form type
4
Filed
Mar 12, 8:00 PM ET
Accepted
Mar 13, 5:15 PM ET
Size
17.2 KB
View on SEC.gov