JAMES J. VOLK - 02 Feb 2023 Form 4 Insider Report for SHENANDOAH TELECOMMUNICATIONS CO/VA/ (SHEN)

Role
SR VP, FINANCE & CFO
Signature
Christopher E French Attorney in Fact for James J Volk
Issuer symbol
SHEN
Transactions as of
02 Feb 2023
Net transactions value
-$3,875,517
Form type
4
Filing time
03 Feb 2023, 16:11:34 UTC
Previous filing
24 Feb 2022
Next filing
21 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHEN Common Stock Award $0 +5,902 +62% $0.000000 15,415 02 Feb 2023 Direct F1
transaction SHEN Common Stock Tax liability $3,875,517 -1,931 -13% $2007.00* 13,484 02 Feb 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the vesting of performance-based Restricted Stock Units granted February 26, 2019. Performance for this award was measured based on the Issuer's relative total shareholder return (TSR) compared to the TSR of a group of companies in the NASDAQ Telecom Index with a Market Cap between 100 million and 100 billion, above and below the Issuer's then current Market cap.