FERGUSON DAVID E 4
4 · SHENANDOAH TELECOMMUNICATIONS CO/VA/ · Filed Feb 23, 2011
Insider Transaction Report
Form 4
FERGUSON DAVID E
VP-Customer Services
Transactions
- Award
Restricted Stock Units
2011-02-21+2,453→ 15,527 totalExp: 2015-02-21→ Common Stock (2,453 underlying) - Award
Incentive Stock Option
2011-02-21$16.58/sh+2,428$40,256→ 13,074 totalExercise: $16.58Exp: 2021-02-20→ Common Stock (2,428 underlying)
Footnotes (3)
- [F1]The option vests 1/4 on each the first, second, third and fourth anniversary. The option (and shares issuable upon exercise of the option) are subject to cancellation and forfeiture in accordance with the Company's executive compensation recovery policy.
- [F2]Each restricted stock unit represents a contingent right to receive one share of common stock.
- [F3]The restricted stock units vest 1/4 on each the first, second, third and fourth anniversary subject to the continuous employment by the Company or one of its affiliates until the date of vesting. Vested shares will be delivered to the reporting person on the vesting date. The restricted stock units are subject to forfeiture in accordance with the Company's executive compensation recovery policy.