Woodward James F 4
4 · SHENANDOAH TELECOMMUNICATIONS CO/VA/ · Filed Dec 15, 2017
Insider Transaction Report
Form 4
Woodward James F
Sr VP-Finance & CFO
Transactions
- Award
Restricted Stock Unit
2017-12-13+3,561→ 10,085 totalExp: 2021-12-13→ Common (3,561 underlying) - Award
Incentive Stock Option
2017-12-13$35.10/sh+6,524$228,992→ 6,524 totalExercise: $35.10Exp: 2027-12-13→ Common Stock (6,524 underlying)
Footnotes (3)
- [F1]The option will vest one-fifth on each of the third through seventh anniversaries. 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 unit will vest one-fourth on each of the first through fourth anniversaries of the grant 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.