ECP ControlCo, LLC - Jul 30, 2024 Form 4 Insider Report for SHENANDOAH TELECOMMUNICATIONS CO/VA/ (SHEN)

Signature
ECP ControlCo, LLC, By: /s/ Christopher M. Leininger, Partner and General Counsel
Stock symbol
SHEN
Transactions as of
Jul 30, 2024
Transactions value $
$0
Form type
4
Date filed
8/1/2024, 07:31 PM
Previous filing
Aug 1, 2024
Next filing
Sep 9, 2024

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 SHEN Restricted Stock Units Award $0 +4.75K $0.00 4.75K Jul 30, 2024 Common Stock 4.75K See footnotes F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
F2 The restricted stock units vest on the first anniversary of the grant date and have no expiration date.
F3 The securities are held of record by Energy Capital Partners Management, LP ("ECP Management"). ECP ControlCo, LLC is the sole member of ECP Management GP, LLC, which is the general partner of ECP Management. The managing members of ECP ControlCo, LLC are Douglas Kimmelman, Andrew Singer, Peter Labbat, Tyler Reeder and Rahman D'Argenio, all of whom collectively share the power to vote and dispose of the securities beneficially owned by ECP ControlCo, LLC. As a result of these relationships, each of the foregoing entities and individuals may be deemed to share beneficial ownership of the securities held of record by ECP Management. Each such entity and individual disclaims beneficial ownership of these securities except to the extent of their pecuniary interest therein.