C. Robert Udell JR - Dec 27, 2024 Form 4 Insider Report for Consolidated Communications Holdings, Inc. (CNSL)

Role: President & CEO, Director
Signature: /s/ J. Garrett Van Osdell, Power of Attorney
Stock symbol: CNSL
Transactions as of: Dec 27, 2024
Transactions value $: -$7,236,087
Form type: 4
Date filed: 12/31/2024, 09:47 PM
Previous filing: Dec 9, 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CNSL	Common Stock, par value $0.01 per share	Disposed to Issuer	-$7.24M	-1.54M	-100%	$4.70	0	Dec 27, 2024	Direct	F1

Showing 1 to 1 of 1 entries

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

C. Robert Udell JR is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	In connection with the consummation of the transactions contemplated by the Agreement and Plan of Merger (the "Merger Agreement"), dated as of October 15, 2023, by and among the Issuer, Condor Holdings LLC and Condor Merger Sub Inc., each share of the Issuer's common stock held by the Reporting Person was converted into the right to receive an amount in cash equal to $4.70 per share (the "Merger Consideration"). In addition, each outstanding award of restricted shares of Issuer common stock that remains subject solely to service-based vesting conditions was converted into a contingent cash award with a value equal to (i) the Merger Consideration multiplied by (ii) the number of shares of common stock subject to the award.

Content

In connection with the consummation of the transactions contemplated by the Agreement and Plan of Merger (the "Merger Agreement"), dated as of October 15, 2023, by and among the Issuer, Condor Holdings LLC and Condor Merger Sub Inc., each share of the Issuer's common stock held by the Reporting Person was converted into the right to receive an amount in cash equal to $4.70 per share (the "Merger Consideration"). In addition, each outstanding award of restricted shares of Issuer common stock that remains subject solely to service-based vesting conditions was converted into a contingent cash award with a value equal to (i) the Merger Consideration multiplied by (ii) the number of shares of common stock subject to the award.