| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SHEN | Common Stock | Award | $0 | +11,782 | +3.4% | $0.000000 | 358,176 | 09 Oct 2024 | Direct | F1 |
| transaction | SHEN | Common Stock | Other | $0 | -102,855 | -34% | $0.000000 | 201,177 | 09 Aug 2024 | TTEE U/A WBF fbo Grandchildren | F2, F8 |
| transaction | SHEN | Common Stock | Other | $0 | -101,640 | -51% | $0.000000 | 99,537 | 09 Aug 2024 | TTEE U/A WBF fbo Grandchildren | F3, F8 |
| transaction | SHEN | Common Stock | Other | $0 | -99,537 | -100% | $0.000000 | 0 | 09 Aug 2024 | TTEE U/A WBF fbo Grandchildren | F4, F8 |
| transaction | SHEN | Common Stock | Other | $0 | +102,855 | $0.000000 | 102,855 | 09 Aug 2024 | TTEE FGCT fbo Rebecca | F5, F8 | |
| transaction | SHEN | Common Stock | Other | $0 | +101,640 | $0.000000 | 101,640 | 09 Aug 2024 | TTEE FGCT fbo Warren | F6, F8 | |
| transaction | SHEN | Common Stock | Other | $0 | +99,537 | $0.000000 | 99,537 | 09 Aug 2024 | TTEE FGCT fbo Stuart | F7, F8 | |
| holding | SHEN | Common Stock | 86,485 | 09 Oct 2024 | By Spouse | ||||||
| holding | SHEN | Common Stock | 37,796 | 09 Oct 2024 | By Son | ||||||
| holding | SHEN | Common Stock | 345,000 | 09 Oct 2024 | By Son as TTEE of French Family Trust | F8 | |||||
| holding | SHEN | Common Stock | 130,754 | 09 Oct 2024 | TTEE WBF fbo Cynthia | F8 | |||||
| holding | SHEN | Common Stock | 339,966 | 09 Oct 2024 | TTEE WBF fbo Anne | F8 | |||||
| holding | SHEN | Common Stock | 339,966 | 09 Oct 2024 | TTEE WBF fbo Christopher | F8 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | Represents the vesting of performance-based Restricted Stock Units granted September 21, 2021. 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. |
| F2 | The total indirect beneficial ownership reflects a transfer of 102,855 shares from TTEE U/A WBF fbo Grandchildren to the indirect beneficial ownership account TTEE FGCT fbo Rebecca. |
| F3 | The total indirect beneficial ownership reflects a transfer of 101,640 shares from TTEE U/A WBF fbo Grandchildren to the indirect beneficial ownership account TTEE FGCT fbo Warren. |
| F4 | The total indirect beneficial ownership reflects a transfer of 99,537 shares from TTEE U/A WBF fbo Grandchildren to the indirect beneficial ownership account TTEE FGCT fbo Stuart. |
| F5 | Transfer of 102,855 shares from the indirect beneficial ownership account TTEE U/A WBF fbo Grandchildren to indirect beneficial ownership account TTEE FGCT fbo Rebecca. |
| F6 | Transfer of 101,640 shares from the indirect beneficial ownership account TTEE U/A WBF fbo Grandchildren to the indirect beneficial ownership account TTEE FGCT fbo Warren. |
| F7 | Transfer of 99,537 shares from the indirect beneficial ownership account TTEE U/A WBF fbo Grandchildren to the indirect beneficial ownership account TTEE FGCT fbo Stuart. |
| F8 | These shares are held in trust for the benefit of certain relatives of Mr. French. Mr. French disclaims beneficial ownership of the shares as to which he has no pecuniary interest and this filing is not an admission that Mr. French is the beneficial owner of such shares. |