Dave Schaeffer - Jan 14, 2025 Form 4 Insider Report for COGENT COMMUNICATIONS HOLDINGS, INC. (CCOI)

Role
CHAIRMAN, CEO, AND PRESIDENT, Director
Signature
/s/ David Schaeffer
Stock symbol
CCOI
Transactions as of
Jan 14, 2025
Transactions value $
$0
Form type
4
Date filed
1/15/2025, 04:32 PM
Previous filing
Dec 17, 2024
Next filing
Mar 5, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCOI common stock Award $0 +84K +1.94% $0.00 4.41M Jan 14, 2025 Direct F1, F2
transaction CCOI common stock Award $0 +96K +2.18% $0.00 4.5M Jan 14, 2025 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares of restricted stock will vest in twelve equal monthly installments starting on January 1, 2028.
F2 The Form 4 filed by the reporting person on March 8, 2024 (and subsequent filings through December 17, 2024), understated the reporting person's beneficial ownership by 96,000 shares. The correct number of shares beneficially owned following the transactions on January 14, 2025, are reflected herein.
F3 These restricted stock performance shares may vest in whole or in part on March 15, 2028 based upon the issuer's compound annual growth rate in EBITDA and in the issuer's compound annual growth rate in free cash flow, as described in greater detail in the reporting person's employment agreement, dated January 13, 2025.