Mary Mabey - 14 Mar 2024 Form 4 Insider Report for ATN International, Inc. (ATNI)

Role
SVP AND GENERAL COUNSEL
Signature
/s/ Mary Mabey
Issuer symbol
ATNI
Transactions as of
14 Mar 2024
Net transactions value
$0
Form type
4
Filing time
14 Mar 2024, 15:31:07 UTC
Previous filing
12 Mar 2024
Next filing
27 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ATNI Common Stock Award $0 +10,140 +34% $0.000000 39,715 14 Mar 2024 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
transaction ATNI Performance-Based Restricted Stock Units Award $0 +10,137 +154% $0.000000 16,737 14 Mar 2024 Common Stock 10,137 $0.000000 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The securities described are restricted stock units and will vest in four equal installments on each of March 14, 2025, 2026, 2027 and 2028. Upon vesting Ms. Mabey will receive a number of shares of common stock equal to the number of restricted stock units that have vested.
F2 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 Columns 5 and 7 of this report.
F3 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 14, 2027.