Heather K. Tormey - Feb 2, 2022 Form 4 Insider Report for SHENANDOAH TELECOMMUNICATIONS CO/VA/ (SHEN)

Signature
Raymond B Ostroski Atty in Fact for Heather Banks
Stock symbol
SHEN
Transactions as of
Feb 2, 2022
Transactions value $
-$14,681
Form type
4
Date filed
2/4/2022, 04:34 PM
Previous filing
Sep 23, 2021
Next filing
Aug 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHEN Common Stock Award $0 +1.86K +179.75% $0.00 2.89K Feb 2, 2022 Direct F1
transaction SHEN Common Stock Tax liability -$14.7K -656 -22.72% $22.38 2.23K Feb 2, 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.