0001062613-16-000125.txt : 20160125
0001062613-16-000125.hdr.sgml : 20160125
20160125161610
ACCESSION NUMBER: 0001062613-16-000125
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160122
FILED AS OF DATE: 20160125
DATE AS OF CHANGE: 20160125
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: FAIRPOINT COMMUNICATIONS INC
CENTRAL INDEX KEY: 0001062613
STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813]
IRS NUMBER: 133725229
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 521 EAST MOREHEAD ST
STREET 2: STE 250
CITY: CHARLOTTE
STATE: NC
ZIP: 28202
BUSINESS PHONE: 7043448150
MAIL ADDRESS:
STREET 1: 521 EAST MOREHEAD ST
STREET 2: STE 250
CITY: CHARLOTTE
STATE: NC
ZIP: 28202
FORMER COMPANY:
FORMER CONFORMED NAME: MJD COMMUNICATIONS INC
DATE OF NAME CHANGE: 19980527
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Rush Steven G
CENTRAL INDEX KEY: 0001629412
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32408
FILM NUMBER: 161358977
MAIL ADDRESS:
STREET 1: FAIRPOINT COMMUNICATIONS, INC.
STREET 2: 521 EAST MOREHEAD STREET, SUITE 500
CITY: CHARLOTTE
STATE: NC
ZIP: 28202
4
1
wf-form4_145375655376443.xml
FORM 4
X0306
4
2016-01-22
0
0001062613
FAIRPOINT COMMUNICATIONS INC
FRP
0001629412
Rush Steven G
C/O FAIRPOINT COMMUNICATIONS, INC.
521 E. MOREHEAD STREET, SUITE 500
CHARLOTTE
NC
28202
0
1
0
0
EVP, Northern New England Ops
Common stock, par value $0.01 per share
2016-01-22
4
A
0
5441
0
A
14638
D
Common stock, par value $0.01 per share
2016-01-22
4
F
0
745
14.78
D
13893
D
Stock Options (A&R 2010 Long Term Incentive Plan)
14.61
2016-01-22
4
A
0
13000
A
2026-01-22
Common stock, par value $0.01 per share
13000.0
13000
D
Represents restricted shares of FairPoint Communications, Inc. (the "Company") common stock, par value $0.01 per share, issued pursuant to the Company's Amended and Restated 2010 Long Term Incentive Plan (the "LTIP") on January 22, 2016 (the "Grant Date"). 941 of these restricted shares vested on the Grant Date with 1,500 shares vesting on each of January 23, 2017, January 22, 2018 and January 22, 2019, respectively. No consideration was paid by the Reporting Person for these restricted shares.
On January 22, 2016, 2,000 of the Reporting Person's restricted shares of the Company's common stock, par value $0.01 per share, that were granted pursuant to the Company's LTIP on January 22, 2015 vested. Pursuant to the LTIP, at the Reporting Person's election, 745 of the Reporting Person's restricted shares were forfeited by the Reporting Person to satisfy applicable withholding tax obligations with respect to the vesting of the 2,000 restricted shares on such date. No consideration was received by the Reporting Person for his forfeiture of the 745 restricted shares.
Represents the closing price on the date of forfeiture.
Represents stock options issued pursuant to the Company's LTIP on the Grant Date. 25% of these stock options vested on the Grant Date with the remainder to vest in equal installments on January 23, 2017, January 22, 2018 and January 22, 2019. No consideration was paid by the Reporting Person for these stock options.
/s/ Steven G. Rush
2016-01-25