JAMES J. VOLK - 21 Sep 2021 Form 4 Insider Report for SHENANDOAH TELECOMMUNICATIONS CO/VA/ (SHEN)

Role
SR VP, FINANCE & CFO
Signature
Raymond Ostroski Atty in Fact for James J Volk Sr
Issuer symbol
SHEN
Transactions as of
21 Sep 2021
Net transactions value
$0
Form type
4
Filing time
23 Sep 2021, 14:13:33 UTC
Next filing
04 Feb 2022
SEC
View on sec.gov

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 Award $0 +9,685 +101% $0.000000 19,278 21 Sep 2021 Common Stock 9,685 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of common stock.
F2 The option vests 10% in February 2022; and then 30% each in February 2023, February 2024 and February 2025. The options (and shares issuable upon exercise of the option) are subject to cancellation and forfeiture in accordance with the Company's executive compensation recovery policy.