David L. Heimbach - May 17, 2021 Form 4 Insider Report for SHENANDOAH TELECOMMUNICATIONS CO/VA/ (SHEN)

Role
Executive VP & COO
Signature
Raymond B Ostroski Attorney in Fact for David L Heimbach
Stock symbol
SHEN
Transactions as of
May 17, 2021
Transactions value $
-$15,390
Form type
4
Date filed
5/17/2021, 05:11 PM
Next filing
Jun 11, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHEN Common Stock Award $0 +1.01K +21.74% $0.00 5.63K May 17, 2021 Direct
transaction SHEN Common Stock Tax liability -$15.4K -302 -5.36% $50.96 5.33K May 17, 2021 Direct

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 Unit Disposed to Issuer $0 -1.01K -5.88% $0.00 16.1K May 17, 2021 Common Stock 1.01K Direct F1, F2
* 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 common stock.
F2 The restricted stock units vest one-fourth on each the first through fourth anniversaries of the grant subject to the continuous employment by the Company or one of its affiliates until the date of vesting. The restricted stock units are subject to forfeiture in accordance with the Company's executive compensation policy.