Paul Bullington - Feb 23, 2022 Form 4 Insider Report for Uniti Group Inc. (UNIT)

Role
SVP-CFO & TREASURER
Signature
/s/ Paul Bullington by Daniel Heard, Attorney-in-Fact
Stock symbol
UNIT
Transactions as of
Feb 23, 2022
Transactions value $
-$15,669
Form type
4
Date filed
2/25/2022, 03:38 PM
Previous filing
Jun 1, 2021
Next filing
Mar 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNIT COMMON STOCK Award $0 +28.3K +47.72% $0.00 87.6K Feb 23, 2022 Direct F1
transaction UNIT COMMON STOCK Tax liability -$15.7K -1.4K -1.6% $11.20 86.2K Feb 24, 2022 Direct F2
holding UNIT COMMON STOCK 98.1K Feb 23, 2022 By LLC F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Subject to the reporting person's continued employment, these shares vest in three equal installments on February 23 of each year, with the first vesting date being February 23, 2023.
F2 These shares were withheld to satisfy the reporting person's tax obligations
F3 Reflects shares previously reported as OP Units in the reporting person's Form 3 filed on June 1, 2021 that were converted to common stock. These shares are owned by a limited liability company of which the reporting person is a non-controlling member without power to vote or dispose of securities held by the limited liability company. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that he is the beneficial owner of the shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.