Dara Leslie - Feb 16, 2023 Form 4 Insider Report for SHENANDOAH TELECOMMUNICATIONS CO/VA/ (SHEN)

Role
SVP Sales & Marketing
Signature
Christopher E French Attorney in Fact for Dara Leslie
Stock symbol
SHEN
Transactions as of
Feb 16, 2023
Transactions value $
-$5,150
Form type
4
Date filed
2/21/2023, 09:38 AM
Previous filing
Jul 27, 2022
Next filing
Feb 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHEN Common Stock Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities +755 755 Feb 16, 2023 Direct F1
transaction SHEN Common Stock Tax liability -$5.15K -267 -35.36% $19.29 488 Feb 16, 2023 Direct

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 -755 -24.98% $0.00 2.27K Feb 16, 2023 Common Stock 755 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 restricted stock unit award vests one-fourth on each the first, second, third and fourth anniversary. The restricted stock unit award (and shares issuable upon exercise of the restricted stock unit award) are subject to cancellation and forfeiture in accordance with the Company's executive compensation recovery policy.