Heather K. Tormey - Feb 2, 2023 Form 4 Insider Report for SHENANDOAH TELECOMMUNICATIONS CO/VA/ (SHEN)

Signature
Christopher E French Atty in Fact for Heather Banks
Stock symbol
SHEN
Transactions as of
Feb 2, 2023
Transactions value $
-$15,272
Form type
4
Date filed
2/3/2023, 04:18 PM
Previous filing
Sep 13, 2022
Next filing
Feb 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHEN Common Stock Award $0 +1.96K $0.00 1.96K Feb 2, 2023 Direct F1
transaction SHEN Common Stock Tax liability -$15.3K -692 -35.36% $22.07 1.27K Feb 2, 2023 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.