Each restricted stock unit represents a contingent right to receive one share of common stock.
The restricted stock unit vest 1/4 on each the first, second, third and fourth anniversary subject to the continuous employment by the Company or one of its affiliates until the date of vesting. Vested shares will be delivered to the reporting person on the vesting date. The restricted stock units are subject to forfeiture in accordance with the Company's exec
utive compensation policy.
The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here. Shenandoah Telecommunications Co next reports earnings on July 28, 2014.
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Other recent filings from the company include the following:
Shenandoah Telecommunications: Consolidated Third Quarter Results - Oct. 31, 2014
Current report, items 7.01 and 9.01 - Oct. 31, 2014
Shenandoah Telecommunications Co Just Filed Its Quarterly Report: 3. Earnings per sha... - Oct. 31, 2014
Shenandoah Telecommunications: Other Events - Oct. 21, 2014