Dennis Romps - Sep 21, 2021 Form 4 Insider Report for SHENANDOAH TELECOMMUNICATIONS CO/VA/ (SHEN)

Role
VP & Chief Accounting Officer
Signature
Raymond B Ostroski Attorney in Fact for Dennis Romps
Stock symbol
SHEN
Transactions as of
Sep 21, 2021
Transactions value $
$0
Form type
4
Date filed
9/23/2021, 02:09 PM
Previous filing
Aug 26, 2021
Next filing
Feb 22, 2022

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 Award $0 +1.21K $0.00 1.21K Sep 21, 2021 Common Stock 1.21K 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 option vests 10% in February 2022; and then 30% each in February 2023, February 2024 and February 2025. 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.