James DiMola - Jul 30, 2024 Form 4 Insider Report for SHENANDOAH TELECOMMUNICATIONS CO/VA/ (SHEN)

Role
Director
Signature
/s/ James DiMola
Stock symbol
SHEN
Transactions as of
Jul 30, 2024
Transactions value $
$0
Form type
4
Date filed
8/1/2024, 05:26 PM
Previous filing
May 10, 2024

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 +4.75K $0.00 4.75K Jul 30, 2024 Common Stock 4.75K 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 Reporting Person serves as a director designee of LIF Vista, LLC ("LIF Vista") on the Board of Directors of the Issuer. In connection with this arrangement, any equity-based securities awarded to the Reporting Person in his capacity as a director of the Issuer will be held by the Reporting Person on behalf of LIF Vista or its affiliates, transferred by the Reporting Person to LIF Vista or its affiliates, and/or sold by the Reporting Person, with the proceeds of such sale to be remitted to LIF Vista or its affiliates, in each case as directed by LIF Vista. Accordingly, the Reporting Person does not have a pecuniary interest in these securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended.