OTELCO INC. 4
4 · OTELCO INC. · Filed Mar 13, 2017
Insider Transaction Report
Form 4
OTELCO INC.OTEL
Wessing E. Todd
VP and GM - Missouri
Transactions
- Exercise/Conversion
Class A Common Stock
2017-03-13+6,377→ 10,841 total - Tax Payment
Class A Common Stock
2017-03-13$6.25/sh−2,468$15,425→ 8,373 total - Exercise/Conversion
Restricted Stock Units
2017-03-13−2,151→ 4,300 total→ Class A Common Stock (2,151 underlying) - Exercise/Conversion
Restricted Stock Units
2017-03-13−2,456→ 2,456 total→ Class A Common Stock (2,456 underlying) - Award
Restricted Stock Units
2017-03-09+6,451→ 6,451 total→ Class A Common Stock (6,451 underlying) - Exercise/Conversion
Restricted Stock Units
2017-03-13−1,770→ 0 total→ Class A Common Stock (1,770 underlying)
Footnotes (4)
- [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: 2,151 RSUs vested on March 13, 2017; 2,150 RSUs vest on March 13, 2018; and 2,150 RSUs vest on March 12, 2019.
- [F3]The RSUs vest in three installments: 2,455 RSUs vested on March 14, 2016; 2,456 RSUs vested on March 13, 2017; and 2,456 RSUs vest on March 13, 2018.
- [F4]The RSUs vested in three installments: 1,771 RSUs vested on March 13, 2015; 1,771 RSUs vested on March 14, 2016; and 1,770 RSUs vested on March 13, 2017.