Fred Graffam - Dec 1, 2022 Form 4 Insider Report for Consolidated Communications Holdings, Inc. (CNSL)

Role: Chief Financial Officer
Signature: /s/ J. Garrett Van Osdell, Power of Attorney
Stock symbol: CNSL
Transactions as of: Dec 1, 2022
Transactions value $: $0
Form type: 4
Date filed: 12/5/2022, 01:23 PM
Next filing: Dec 7, 2023

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	Award	$0	+217K		$0.00	217K	Dec 1, 2022	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Shares represent an award granted as a material inducement to employment in accordance with Nasdaq Listing Rule 5635(c)(4). The shares consist of (i) 103,306 shares of restricted stock that vests at a rate equal to 25% per year beginning December 5, 2022 and (ii) a target award of 113,636 shares of performance stock that vest in full following the end of a three-year performance period ending December 31, 2024, with the target number of shares subject to adjustment based on the level of attainment of performance goals established for the performance period.

Content

Shares represent an award granted as a material inducement to employment in accordance with Nasdaq Listing Rule 5635(c)(4). The shares consist of (i) 103,306 shares of restricted stock that vests at a rate equal to 25% per year beginning December 5, 2022 and (ii) a target award of 113,636 shares of performance stock that vest in full following the end of a three-year performance period ending December 31, 2024, with the target number of shares subject to adjustment based on the level of attainment of performance goals established for the performance period.