-----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, FY4EF4+pcoWh/gZlaF4nqGwmX6Q7/FvSN6Nfm8YUWRSNVjDcbqDYWR20n4J49RX8 mdnhW+S0ZPk/oOmqRv6S4A== 0001179209-03-000056.txt : 20030402 0001179209-03-000056.hdr.sgml : 20030402 20030402132739 ACCESSION NUMBER: 0001179209-03-000056 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20020516 FILED AS OF DATE: 20030402 REPORTING-OWNER: COMPANY DATA: COMPANY CONFORMED NAME: TOW LEONARD CENTRAL INDEX KEY: 0001179515 RELATIONSHIP: DIRECTOR FILING VALUES: FORM TYPE: 4 BUSINESS ADDRESS: STREET 1: 3 HIGH RIDGE PARK CITY: STAMFORD STATE: CT ZIP: 06905 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CITIZENS COMMUNICATIONS CO CENTRAL INDEX KEY: 0000020520 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 060619596 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11001 FILM NUMBER: 03636119 BUSINESS ADDRESS: STREET 1: HIGH RIDGE PK BLDG 3 CITY: STAMFORD STATE: CT ZIP: 06905 BUSINESS PHONE: 2036145600 MAIL ADDRESS: STREET 1: HIGH RIDGE PARK BLDG NO 3 CITY: STAMFORD STATE: CT ZIP: 06905 FORMER COMPANY: FORMER CONFORMED NAME: CITIZENS UTILITIES CO DATE OF NAME CHANGE: 19920703 4 1 edgar.txt FORM 4 - 05-16-2002 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP ( ) Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instructions 1(b). 1. Name and Address of Reporting Person Leonard Tow Three High Ridge Park CT, Stamford 06905 2. Issuer Name and Ticker or Trading Symbol Citizens Communications Company (CZN) 3. IRS or Social Security Number of Reporting Person (Voluntary) 4. Statement for Month/Day/Year 5/16/2002 5. If Amendment, Date of Original (Month/Day/Year) 5/16/2002 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) (X) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other (specify below) Chairman and Chief Executive Officer 7. Individual or Joint/Group Filing (Check Applicable Line) (X) Form filed by One Reporting Person ( ) Form filed by More than One Reporting Person
___________________________________________________________________________________________________________________________________ Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ___________________________________________________________________________________________________________________________________| 1. Title of Security|2. |2A. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect | |Trans-|Exec- |Trans | or Disposed of (D) | Securities |ect | Beneficial Ownership | |action|ution |action| | Beneficially |(D)or | | | | | | | | A/| | Owned Following |Indir | | |Date | Date |Code|V| Amount | D | Price | Reported Trans(s)|ect(I)| | ___________________________________________________________________________________________________________________________________| Common Stock |5/16/ | |A | |150000.00 |A | |2558601.00 |D | | |2002 | | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock | | | | | | | |1946.00 |D |IRA | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock | | | | | | | |88.00 |D |Joint w/Spouse | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock | | | | | | | |16369.00 |I |401(k) | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock | | | | | | | |5394022.00 |I |LLC 1 | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock | | | | | | | |1586.00 |I |Spousal IRA 2 | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock | | | | | | | |2860.00 |I |Spouse 2 | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock | | | | | | | |32369.00 |I |Spouse as Custodian 3 | - -----------------------------------------------------------------------------------------------------------------------------------| ___________________________________________________________________________________________________________________________________| ___________________________________________________________________________________________________________________________________| Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned | ___________________________________________________________________________________________________________________________________| 1.Title of |2.Con- |3. |3A. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of| Derivative |version |Trans- |Deemed|Trans-| rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect | Security |or Exer |action | |action| rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial | |cise | |Execu-| | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership | |Price of| |ution | | posed of(D) |Day/Year) | |rity |Benefi |or | | |Deriva- | | | | |Date |Expir| | |ficially |Ind| | |tive | | | | | A/|Exer-|ation| Title and Number | |Owned Follow|ire| | |Secu- |(Month/|(Month| | | | D |cisa-|Date | of Shares | |ing Reported|ct | | |rity |Day/ |/Day/ |Code|V| Amount | |ble | | | |Trans- |(I)| | | |Year) |Year) | | | | | | | | |action(s) | | | ___________________________________________________________________________________________________________________________________| Employee Stoc|9.52 |5/16/ 2| |A | |150000.00 |A |4 |5/15/|Common Stock|150000.| | |D | | k Option (Rig| |002 | | | | | | |2012 | |00 | | | | | ht to Buy) | | | | | | | | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Employee Stoc|9.52 |5/19/ 2| |A | |500000.00 |A |05/16|5/15/|Common Stock|500000.| |650000.00 |D | | k Option (Rig| |002 | | | | | |/2002|2012 | |00 | | | | | ht to Buy) | | | | | | | | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Formula Plan |10.6212 |1/1/ 20| |A | |5000.00 |A |07/01|01/01|Common Stock|5000.00| |5000.00 |I |Spouse 2 | Options (Righ| |02 | | | | | |/2002|/2012| | | | | | | t to Buy) | | | | | | | | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Phantom Stock|1 for 1 | | | | | | |6 |6 |Common Stock| | |152227.64 |D | | Units |5 | | | | | | | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Phantom Stock|1 for 1 |1/1/ 20| |A | |5000.00 |A |7 |7 |Common Stock|5000.00| |33671.56 |I |Spouse 2 | Units | |02 | | | | | | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | | | | | | | ___________________________________________________________________________________________________________________________________|
Explanation of Responses: 1. Shares held directly by Lantern Investment Company LLC. Reporting Person is the sole member. 2. Securities held directly by spouse. Reporting Person disclaims any beneficial ownership of securities and any direct or indirect control or voting power over the securities. 3. Reporting Person's spouse is custodian for her minor grandchild. 4. Shares vest in four equal annual installments beginning on the first anniversary of the grant. 5. Acquired on various dates between January 31, and December 31, 2001, pursuant to deferred compensation plan, at prices ranging from $8.89 to $15.46. 6. Shares of phantom stock are payable in cash following termination of the Reporting Person's employment or at the end of the designated deferral period of two, five or ten years. 7. Pursuant to Spouse's election to receive Director's Fees in units; units are to be settled after Spouse's retirement. SIGNATURE OF REPORTING PERSON Leonard Tow Leonard Tow by L. Russell Mitten Under Power-of-Attorney -----END PRIVACY-ENHANCED MESSAGE-----