Dave Schaeffer - 06 Mar 2024 Form 4 Insider Report for COGENT COMMUNICATIONS HOLDINGS, INC. (CCOI)

Role: CHAIRMAN, CEO, AND PRESIDENT, Director, 10%+ Owner
Signature: /s/ David Schaeffer
Issuer symbol: CCOI
Transactions as of: 06 Mar 2024
Transactions value $: -$640,326
Form type: 4
Filing time: 08 Mar 2024, 12:00:01 UTC
Previous filing: 05 Jan 2024
Next filing: 12 Mar 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CCOI	common stock	Sale	-$640K	-8.83K	-0.18%	$72.55	4.82M	06 Mar 2024	Direct
transaction	CCOI	common stock	Disposed to Issuer	$0	-21.4K	-0.44%	$0.00	4.79M	06 Mar 2024	Direct	F1

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

Explanation of Responses:

Id	Content
F1	On February 18, 2020, the reporting person was granted an award of 105,000 performance shares. One tranche of this award, consisting of 35,000 performance shares, was dependent upon achievement of a total shareholder return goal compared to the NTI between April 1, 2020 and December 31, 2023. On March 6, 2024, the Company determined that the that the performance criteria have been partially met, resulting in the vesting of 13,613 shares of common stock and the forfeiture of 21,387 performance shares as reported herein.

Content

On February 18, 2020, the reporting person was granted an award of 105,000 performance shares. One tranche of this award, consisting of 35,000 performance shares, was dependent upon achievement of a total shareholder return goal compared to the NTI between April 1, 2020 and December 31, 2023. On March 6, 2024, the Company determined that the that the performance criteria have been partially met, resulting in the vesting of 13,613 shares of common stock and the forfeiture of 21,387 performance shares as reported herein.