James DiMola - Feb 13, 2025 Form 4 Insider Report for SHENANDOAH TELECOMMUNICATIONS CO/VA/ (SHEN)

Role
Director
Signature
/s/ James DiMola
Stock symbol
SHEN
Transactions as of
Feb 13, 2025
Transactions value $
$0
Form type
4
Date filed
2/18/2025, 05:25 PM
Previous filing
Aug 1, 2024
Next filing
Feb 20, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHEN Common Stock Options Exercise +4.75K 4.75K Feb 13, 2025 Direct F1, F2, F3
transaction SHEN Common Stock Other $0 -4.75K -100% $0.00 0 Feb 13, 2025 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SHEN Restricted Stock Unit Disposed to Issuer $0 -4.75K -100% $0.00 0 Feb 13, 2025 Common Stock 4.75K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the vesting of restricted stock units ("RSUs") granted on July 30, 2024.
F2 Each RSU represents a contingent right to receive one share of common stock.
F3 The Reporting Person serves as a director designee of LIF Vista, LLC ("LIF Vista") on the Board of Directors of the Issuer. In connection with this arrangement, any equity-based securities awarded to the Reporting Person in his capacity as a director of the Issuer will be held by the Reporting Person on behalf of LIF Vista or its affiliates, transferred by the Reporting Person to LIF Vista or its affiliates, and/or sold by the Reporting Person, with the proceeds of such sale to be remitted to LIF Vista or its affiliates, in each case as directed by LIF Vista. Accordingly, upon the vesting of the RSUs reflected on this Form 4, the Reporting Person transferred the shares of the Issuer's common stock to LIF Vista. As a result, the Reporting Person disclaims any pecuniary interest in these securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended.