William L. Pirtle - Jul 8, 2021 Form 4 Insider Report for SHENANDOAH TELECOMMUNICATIONS CO/VA/ (SHEN)

Role
SR VP - Sales & Marketing
Signature
William L. Pirtle
Stock symbol
SHEN
Transactions as of
Jul 8, 2021
Transactions value $
$0
Form type
4
Date filed
7/9/2021, 05:35 PM
Previous filing
Jun 10, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHEN Common Stock Award $15.1K +2.79K +46.73% $5.41* 8.77K Jul 8, 2021 Direct
transaction SHEN Common Stock Award $27.7K +4K +45.57% $6.92 12.8K Jul 8, 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 Incentive Stock Opiton Exercise of in-the-money or at-the-money derivative security -$15.1K -2.79K -26.93% $5.41* 7.58K Jul 8, 2021 Common Stock 2.79K $5.41 Direct F1
transaction SHEN Incentive Stock Opiton Exercise of in-the-money or at-the-money derivative security -$27.7K -4K -52.73% $6.92 3.58K Jul 8, 2021 Common Stock 4K $6.92 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option vests one-fourth on each the first, second, third and fourth anniversary. The options (and shares issuable upon exercise of the option) are subject to cancellation and forfeiture in accordance with the Company's executive compensation recovery policy.