Christopher E. French - Feb 17, 2022 Form 4 Insider Report for SHENANDOAH TELECOMMUNICATIONS CO/VA/ (SHEN)

Role
President
Signature
Christopher E French
Stock symbol
SHEN
Transactions as of
Feb 17, 2022
Transactions value $
$0
Form type
4
Date filed
2/22/2022, 05:50 AM
Previous filing
Feb 4, 2022
Next filing
Feb 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHEN Common Stock Award $0 +16.1K +9.23% $0.00 190K Feb 17, 2022 Direct
holding SHEN Common Stock 64.3K Feb 17, 2022 By Spouse
holding SHEN Common Stock 37.8K Feb 17, 2022 By Son
holding SHEN Common Stock 161K Feb 17, 2022 TTEE French Grandchildren Trust F1
holding SHEN Common Stock 217K Feb 17, 2022 TTEE U/A WBF fbo Grandchildren F1
holding SHEN Common Stock 345K Feb 17, 2022 By Son as TTEE of French Family Trust F1
holding SHEN Common Stock 137K Feb 17, 2022 TTEE WBF fbo Cynthia F1
holding SHEN Common Stock 340K Feb 17, 2022 TTEE WBF fbo Anne F1
holding SHEN Common Stock 340K Feb 17, 2022 TTEE WBF fbo Christopher F1

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 Options Exercise $0 -4.14K -8.26% $0.00 46K Feb 17, 2022 Common Stock 4.14K Direct F2, F3
transaction SHEN Restricted Stock Unit Options Exercise $0 -4.88K -10.61% $0.00 41.1K Feb 17, 2022 Common Stock 4.88K Direct F2, F3
transaction SHEN Restricted Stock Unit Options Exercise $0 -4.88K -11.86% $0.00 36.2K Feb 17, 2022 Common Stock 4.88K Direct F2, F3
transaction SHEN Restricted Stock Unit Options Exercise $0 -2.16K -5.96% $0.00 34.1K Feb 17, 2022 Common Stock 2.16K Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares are held in trust for the benefit of certain relatives of Mr. French. Mr. French disclaims beneficial ownership of the shares as to which he has no pecuniary interest and this filing is not an admission that Mr. French is the beneficial owner of such shares.
F2 Each restricted stock unit represents a contingent right to receive one share of common stock.
F3 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.
F4 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.