-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, B1a1xuh+zzDCHschlRJ1NFk5NMf7WlMPw5rhdYhAliYr3tD/zfeRStGySrC0+WVy wZdALhbuKDCuzQT+FPym9A== 0001181431-05-037573.txt : 20050630 0001181431-05-037573.hdr.sgml : 20050630 20050630171124 ACCESSION NUMBER: 0001181431-05-037573 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20050628 FILED AS OF DATE: 20050630 DATE AS OF CHANGE: 20050630 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 FORMER COMPANY: FORMER CONFORMED NAME: MJD COMMUNICATIONS INC DATE OF NAME CHANGE: 19980527 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BYNUM FRANK K CENTRAL INDEX KEY: 0001034435 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-32408 FILM NUMBER: 05929372 BUSINESS ADDRESS: STREET 1: KELSO & CO STREET 2: 350 PARK AVENUE 24TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2127513939 MAIL ADDRESS: STREET 1: C/O KELSO & CO STREET 2: 320 PARK AVENUE 24TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 4 1 rrd84214.xml X0202 4 2005-06-28 0 0001062613 FAIRPOINT COMMUNICATIONS INC FRP 0001034435 BYNUM FRANK K C/O KELSO AND COMPANY 320 PARK AVENUE, 24TH FLOOR NEW YORK NY 10022 1 0 1 0 Restricted Unit 2005-06-28 4 A 0 1870 A Common Stock, par value $.01 per share 1870 1870 D Restricted Unit 2005-06-28 5 G 0 1870 D Common Stock, par value $.01 per share 1870 0 D These derivative securities are restricted units representing shares of common stock, par value $.01 per share (the "Common Stock"), of FairPoint Communications, Inc. and, accordingly, do not have an exercise price or expiration date. The restricted units will vest in four equal quarterly installments on the first day of each of the first four calendar quarters following the grant date, commencing on July 1, 2005; however, the shares of Common Stock underlying the restricted units will not be issued until the occurrence of certain events set forth in the Restricted Unit Agreement under which the restricted units were issued. No consideration was paid for the restricted units. The restricted units were awarded pursuant to the FairPoint Communications, Inc. 2005 Stock Incentive Plan. The restricted units were simultaneously transferred to a family trust over which the reporting person exercises no investment control in a bona fide gift transaction. The reporting person may be deemed to share beneficial ownership of securities owned by Kelso Investment Associates V, L.P. and Kelso Equity Partners V, L.P., by virtue of his status as a general partner of Kelso Equity Partners V, L.P. and Kelso Partners V, L.P., but disclaims beneficial ownership of such securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purposes. Frank K. Bynum By: James J. Connors, II, Attorney in Fact 2005-06-30 -----END PRIVACY-ENHANCED MESSAGE-----