Key facts
- This page summarizes Dave Schaeffer's Form 4 filing for COGENT COMMUNICATIONS HOLDINGS, INC. (CCOI).
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 01 Apr 2024, 12:35.
Dave Schaeffer - 01 Apr 2024 Form 4 Insider Report for COGENT COMMUNICATIONS HOLDINGS, INC. (CCOI)
- Reporting relationship
- CHAIRMAN, CEO, AND PRESIDENT, Director, 10%+ Owner
- Issuer ticker
- CCOI
- Reported as of
- 01 Apr 2024
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 01 Apr 2024, 12:35:11 UTC
- Prior SEC filing
- 18 Mar 2024
- Next SEC filing
- 14 May 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ David Schaeffer
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Dave Schaeffer filed Form 4 for COGENT COMMUNICATIONS HOLDINGS, INC. (CCOI) on 01 Apr 2024.
Change
- Previous filing in this sequence was filed on 18 Mar 2024.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
CCOI
transaction
common stock
Disposed to Issuer
- Transaction value
- $0
- Shares
- -50,165
- Change %
- -1.1%
- Price
- $0.000000
- Shares after
- 4,603,038
- Date
- 01 Apr 2024
- Ownership
- Direct
- Footnotes
- F1, F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 2 footnotes
Footnote 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 the revenue growth rate of the Company compared to the NTI between April 1, 2020 and December 31, 2023. A second tranche of this award, also consisting of 35,000 shares, was dependent upon the cash flow growth rate of the Company compared to the NTI between April 1, 2020 and December 31, 2023.
Footnote F2
On April 1, 2024, the Company determined that the performance criteria for the revenue growth rate goal have been partially met, resulting in the vesting of 19,835 shares of common stock and the forfeiture of 15,165 performance shares. On April 1, 2024, the Company determined that the performance criteria for the cash flow growth rate goal had not been met, resulting in a forfeiture of all 35,000 performance shares in the tranche. The aggregate forfeitures of 50,165 shares under these two tranches are reported herein.