Form 4 for AD ARRAY DIGITAL INFRASTRUCTURE, INC.
Accepted 2024-04-08 00:00:00 ET · period of report 2024-04-05 · accession 0001120437-24-000052 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-04-08 | 2024-04-05 | AD | Therivel Laurent C | Pres, CEO, Dir | M - OptEx | — | +116.2K | 86.1K | New | — |
| D | 2024-04-08 | 2024-04-05 | AD | Therivel Laurent C | Pres, CEO, Dir | F - Tax | $35.50 | -51.5K | 89.7K | -36% | -$1.83M |
| DM | 2024-04-08 | 2024-04-05 | AD | Therivel Laurent C | Pres, CEO, Dir | M - OptEx | $0.00 | -116.2K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Shares | 2024-04-05 | M | A | 55,027 | — | 141,172 | D | — | — | (F2) On April 5, 2021, reporting person was granted Performance Stock Units (PSUs) under the United States Cellular Long-Term Incentive Plan. Based on company performance the PSUs were adjusted for performance and certified by the Long-Term Incentive Compensation Committee on February 14, 2024, and became time-based. This transaction reports the vesting of the PSUs. |
| 2 | Common | Common Shares | 2024-04-05 | F | D | 51,464 | $35.50 | 89,708 | D | — | — | |
| 3 | Common | Common Shares | 2024-04-05 | M | A | 61,141 | — | 86,145 | D | — | — | (F1) On April 5, 2021, reporting person was granted Restricted Stock Units (RSUs) under the United States Cellular Corporation Long-Term Incentive Plan that vest on the third anniversary of the grant date. This transaction reports the vesting of the RSUs. |
| 4 | Derivative | Restricted Stock Units | 2024-04-05 | M | D | 61,141 | $0.00 | 0 | D | — · — to — | 61,141 Common Shares | (F1) On April 5, 2021, reporting person was granted Restricted Stock Units (RSUs) under the United States Cellular Corporation Long-Term Incentive Plan that vest on the third anniversary of the grant date. This transaction reports the vesting of the RSUs. |
| 5 | Derivative | Performance Shares Units | 2024-04-05 | M | D | 55,027 | $0.00 | 0 | D | — · — to — | 55,027 Common Shares | (F2) On April 5, 2021, reporting person was granted Performance Stock Units (PSUs) under the United States Cellular Long-Term Incentive Plan. Based on company performance the PSUs were adjusted for performance and certified by the Long-Term Incentive Compensation Committee on February 14, 2024, and became time-based. This transaction reports the vesting of the PSUs. |