Elaine Cheng - 02 Feb 2022 Form 4 Insider Report for SHENANDOAH TELECOMMUNICATIONS CO/VA/ (SHEN)

Signature
Raymond B Ostroski Attorney in Fact for Elaine Cheng
Issuer symbol
SHEN
Transactions as of
02 Feb 2022
Net transactions value
-$18,419
Form type
4
Filing time
04 Feb 2022, 16:27:47 UTC
Previous filing
23 Sep 2021
Next filing
05 Aug 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHEN Common Stock Award $0 +2,327 +271% $0.000000 3,186 02 Feb 2022 Direct F1
transaction SHEN Common Stock Tax liability $18,419 -823 -26% $22.38 2,363 02 Feb 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the vesting of performance-based Restricted Stock Units granted February 26, 2019. Performance for this award was measured based on the Issuer's relative total shareholder return (TSR) compared to the TSR of a group of companies in the NASDAQ Telecom Index with a Market Cap between 100 million and 100 billion, above and below the Issuer's then current Market cap.