DAVE SCHAEFFER - 14 Jan 2025 Form 4 Insider Report for COGENT COMMUNICATIONS HOLDINGS, INC. (CCOI)

Signature
/s/ David Schaeffer
Issuer symbol
CCOI
Transactions as of
14 Jan 2025
Net transactions value
$0
Form type
4
Filing time
15 Jan 2025, 16:32:31 UTC
Previous filing
17 Dec 2024
Next filing
05 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCOI common stock Award $0 +84,000 +1.9% $0.000000 4,408,038 14 Jan 2025 Direct F1, F2
transaction CCOI common stock Award $0 +96,000 +2.2% $0.000000 4,504,038 14 Jan 2025 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares of restricted stock will vest in twelve equal monthly installments starting on January 1, 2028.
F2 The Form 4 filed by the reporting person on March 8, 2024 (and subsequent filings through December 17, 2024), understated the reporting person's beneficial ownership by 96,000 shares. The correct number of shares beneficially owned following the transactions on January 14, 2025, are reflected herein.
F3 These restricted stock performance shares may vest in whole or in part on March 15, 2028 based upon the issuer's compound annual growth rate in EBITDA and in the issuer's compound annual growth rate in free cash flow, as described in greater detail in the reporting person's employment agreement, dated January 13, 2025.