0001062613-17-000024.txt : 20170124
0001062613-17-000024.hdr.sgml : 20170124
20170124161204
ACCESSION NUMBER: 0001062613-17-000024
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170123
FILED AS OF DATE: 20170124
DATE AS OF CHANGE: 20170124
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: Sunu Paul
CENTRAL INDEX KEY: 0001414126
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32408
FILM NUMBER: 17543855
MAIL ADDRESS:
STREET 1: C/O CENTENNIAL COMMUNICATIONS CORP.
STREET 2: ROUTE 138, BUILDING A
CITY: WALL
STATE: NJ
ZIP: 07719
4
1
wf-form4_148529231162070.xml
FORM 4
X0306
4
2017-01-23
0
0001062613
FAIRPOINT COMMUNICATIONS INC
FRP
0001414126
Sunu Paul
C/O FAIRPOINT COMMUNICATIONS, INC.
521 E. MOREHEAD STREET, SUITE 500
CHARLOTTE
NC
28202
1
1
0
0
Chief Executive Officer
Common stock, par value $0.01 per share
2017-01-23
4
A
0
22023
0
A
326023
D
Common stock, par value $0.01 per share
2017-01-23
4
F
0
4852
18.45
D
321171
D
Common stock, par value $0.01 per share
2017-01-23
4
F
0
3131
18.45
D
318040
D
Common stock, par value $0.01 per share
2017-01-23
4
F
0
2554
18.45
D
315486
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 23, 2017 (the "Grant Date"). 4,023 of these restricted shares vested on the Grant Date with 6,000 shares vesting on each of January 23, 2018, January 23, 2019 and January 23, 2020, respectively. No consideration was paid by the Reporting Person for these restricted shares.
On January 23, 2017, 14,000 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, 2014 vested. Pursuant to the LTIP, at the Reporting Person's election, 4,852 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 14,000 restricted shares on such date. No consideration was received by the Reporting Person for his forfeiture of the 4,852 restricted shares.
Represents the closing price on the date of forfeiture.
On January 23, 2017, 9,500 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, 3,131 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 9,500 restricted shares on such date. No consideration was received by the Reporting Person for his forfeiture of the 3,131 restricted shares.
On January 23, 2017, 7,750 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, 2016 vested. Pursuant to the LTIP, at the Reporting Person's election, 2,554 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 7,750 restricted shares on such date. No consideration was received by the Reporting Person for his forfeiture of the 2,554 restricted shares.
/s/ Paul H. Sunu
2017-01-24