GARNER CURTIS LEE JR (Chief Financial Officer) reported 3 transactions at OTELCO INC.
Review the transaction codes below to understand the nature of each event.
Filed: 3/31/2021ACC: 0001104659-21-044811
DirectorOfficer· Chief Financial Officer
Since Mar 2019
-46.26K
Net shares
Net seller
$436.5K
Total sold
0
Open market trades
0B · 0S
5
Total transactions
46.26K disposed
Non-Derivative Transactions3
Class A common stock
Direct
Shares
−36.82K
Price / share
$11.75
Trade value
$432.67K
% of position
New position
3/31/2021
36.82K→0.00
Class A common stock
Indirect
Shares
−164.00
Price / share
$11.75
Trade value
$1.93K
% of position
New position
3/31/2021
164.00→0.00
Class A common stock
Indirect
Shares
−164.00
Price / share
$11.75
Trade value
$1.93K
% of position
New position
3/31/2021
164.00→0.00
Total
Net shares
−37.15K
Net value
-$436.52K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A common stock Direct | 3/31/2021 | D · Disposition | −36.82K | $11.75 | $432.67K | New position | 36.82K | 0.00 |
| Class A common stock Indirect | 3/31/2021 | D · Disposition | −164.00 | $11.75 | $1.93K | New position | 164.00 | 0.00 |
| Class A common stock Indirect | 3/31/2021 | D · Disposition | −164.00 | $11.75 | $1.93K | New position | 164.00 | 0.00 |
| Total | −37.15K | -$436.52K | ||||||
Derivative Transactions2
Employee Stock Option (right to buy)
Direct
Converts to
Class A common stock
3.50K shares
Shares
−3.50K
Strike price
9.22
Held after
0.00
Exercisable
—
3/31/2021
Restricted Stock Unit
Direct
Converts to
Class A common stock
5.61K shares
Shares
−5.61K
Strike price
Held after
0.00
Exercisable
—
3/31/2021
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy) Direct | Class A common stock3.50K shares | 3/31/2021 | M · Option Exercise | −3.50K | 9.22 | — | 0.00 |
| Restricted Stock Unit Direct | Class A common stock5.61K shares | 3/31/2021 | M · Option Exercise | −5.61K | — | 0.00 |