William Bishop - Jun 17, 2021 Form 4 Insider Report for ALASKA COMMUNICATIONS SYSTEMS GROUP INC (ALSK)

Role
President and CEO
Signature
/s/ Tiffany Hoogerhyde by power of attorney for William Bishop
Stock symbol
ALSK
Transactions as of
Jun 17, 2021
Transactions value $
-$20,040
Form type
4
Date filed
6/21/2021, 05:22 PM
Previous filing
Jun 16, 2021
Next filing
Jul 23, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALSK Common stock, par value $.01 Options Exercise $0 +24.7K +8.82% $0.00 305K Jun 17, 2021 Direct
transaction ALSK Common stock, par value $.01 Tax liability -$20K -6.02K -1.97% $3.33 299K Jun 17, 2021 Direct

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 ALSK Restricted Stock Units Options Exercise $0 -24.7K -33.33% $0.00 49.4K Jun 17, 2021 Common Stock 24.7K $0.00 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock unit award under the Alaska Communications Systems Group, Inc. 2011 Incentive Award Plan.
F2 Restricted stock unit award granted under the Alaska Communications Systems Group, Inc. 2011 Incentive Award Plan scheduled to vest in three equal annual installments beginning on the first company business day on or after June 17, 2021, subject to continued employment.