Justin M. Leon - Jun 8, 2022 Form 3 Insider Report for ATN International, Inc. (ATNI)

Role
SVP, Corporate Development
Signature
/s/ Justin M. Leon
Stock symbol
ATNI
Transactions as of
Jun 8, 2022
Transactions value $
$0
Form type
3
Date filed
6/16/2022, 02:17 PM
Next filing
Mar 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ATNI Common Stock 11K Jun 8, 2022 Direct F1

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
holding ATNI Performance-Based Restricted Stock Units Jun 8, 2022 Common Stock 3.25K Direct F2, F3
holding ATNI Performance-Based Restricted Stock Units Jun 8, 2022 Common Stock 5.7K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 9,737 unvested restricted stock units that will vest on various dates through March 25, 2026
F2 Between zero (0) and 150% of the PSU's will generally vest, if at all, as of the end of the performance period on March 9, 2024.
F3 Each performance-based RSU ("PSU") represents a contingent right to receive one share of the Issuer's common stock, subject to achievement of pre-established relative total shareholder return ("TSR") goals that were set by the Compensation Committee of the Issuer's Board of Directors, based on comparing the Issuer's TSR relative to the TSR of the Russell 2000 Index, using the average closing price of the shares for the 40 days before and including each of the first and last days of the applicable performance period. The aggregate number of shares issued may range from zero (0) shares to 150% of the target number of shares reported in Column 3 of this report.
F4 Between zero (0) and 150% of the PSU's will generally vest, if at all, as of the end of the performance period on March 25, 2025.