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: 04 Apr 2025, 16:09.
Dave Schaeffer - 04 Apr 2025 Form 4 Insider Report for COGENT COMMUNICATIONS HOLDINGS, INC. (CCOI)
- Reporting relationship
- CHAIRMAN, CEO, AND PRESIDENT, Director
- Issuer ticker
- CCOI
- Reported as of
- 04 Apr 2025
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 04 Apr 2025, 16:09:32 UTC
- Prior SEC filing
- 05 Mar 2025
- Next SEC filing
- 14 May 2025
- 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 04 Apr 2025.
Change
- Previous filing in this sequence was filed on 05 Mar 2025.
- 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
- -48,317
- Change %
- -1.1%
- Price
- $0.000000
- Shares after
- 4,395,721
- Date
- 04 Apr 2025
- 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 24, 2021, the reporting person was granted an award of up to 105,000 performance shares. Tranche 1 of this award, consisting of 35,000 performance shares, was dependent upon achievement of a total shareholder return ("TSR") goal compared to the TSR of the Nasdaq Telecommunications Index ("NTI") between April 1, 2021 and December 31, 2024. The tranche 1 TSR performance shares vested in full and were delivered on February 10, 2025. Tranche 2 consisting of 35,000 performance shares was dependent upon achievement of growth rate in cash flows from operating revenue as compared to 2.0 times the growth rate of the NTI between April 1, 2021 and December 31, 2024. Tranche 3 consisting of 35,000 performance shares was dependent upon achievement of Company's growth rate in revenue as compared to 1.5 times the growth rate of the NTI between April 1, 2021 and December 31, 2024.
Footnote F2
On April 4, 2025 the Company determined that, using the performance criteria for the tranche 3 revenue growth rate, 21,683 shares of common stock were earned and vested and 13,317 performance shares were forfeited. The Company also determined that using the performance criteria for the tranche 2 cash flow growth rate, no shares of common stock are earned and 35,000 performance shares were forfeited. The forfeiture of an aggregate 48,317 performance shares, as reported herein, was implemented on April 4, 2025.