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Filing Details

Accession Number:: 0001209191-16-101876
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2016-02-24 16:13:06
Reporting Period:: 2016-02-22

Filing Date:: 2016-02-24
Accepted Time:: 2016-02-24 16:13:06
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1292653	Inteliquent Inc.	IQNT	Telephone Communications (No Radiotelephone) (4813)	000000000

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1517568	John Harrington	Inteliquent 550 W. Adams Street, Suite 900 Chicago IL 60661	Svp-Regulatory,Litigation &Hr	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock, Par Value $0.001 Per Share	Acquisiton	2016-02-22	2,160	$0.00	16,569	No	4	A	Direct
Common Stock, Par Value $0.001 Per Share	Disposition	2016-02-22	4,386	$16.71	12,183	No	4	S	Direct
Common Stock, Par Value $0.001 Per Share	Acquisiton	2016-02-23	1,641	$13.86	13,824	No	4	M	Direct
Common Stock, Par Value $0.001 Per Share	Disposition	2016-02-23	1,641	$17.06	12,183	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	A	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Employee Stock Options (right to purchase)	Disposition	2016-02-23	1,641	$0.00	1,641	$13.86
Common Stock	Employee Stock Options (right to purchase)	Acquisiton	2016-02-22	6,612	$0.00	6,612	$16.78
Common Stock	Performance Stock Units	Acquisiton	2016-02-22	4,321	$0.00	4,321	$0.00

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
4,925	2024-03-17	No	4	M	Direct
6,612	2026-02-22	No	4	A	Direct
4,321	2019-03-15	No	4	A	Direct

Footnotes

One-quarter of the securities to which this note relates vest on February 22, 2017; the remaining three-quarters of the securities vest in equal annual installments on the second, third and fourth anniversary following February 22, 2017.
The price reported in Column 4 is the weighted average trading price of the shares sold. These shares were sold in multiple transactions at prices ranging from $16.50 to $16.95, inclusive. Upon request, the reporting person will provide to the staff of the Securities and Exchange Commission, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
The price reported in Column 4 is the weighted average trading price of the shares sold. These shares were sold in multiple transactions at prices ranging from $17.05 to $17.06, inclusive. Upon request, the reporting person will provide to the staff of the Securities and Exchange Commission, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
One-quarter of the options to which this note relates vested on March 17, 2015; the remaining three-quarters of the options vest in equal annualinstallments on the second, third and fourth anniversary following March 17, 2015.
One-quarter of the options to which this note relates vest on February 22, 2017; the remaining three-quarters of the options vest in equal annual installments on the second, third and fourth anniversary following February 22, 2017.
Each performance stock unit represents a contingent right to receive between 0 and 2 shares of Inteliquent, Inc. common stock. The number of performance stock units reported represents the target amount. The actual number of shares to be delivered will be based on the total shareholder return of Inteliquent, Inc. over a three-year measuring period weighted (i) two-thirds against the total shareholder return of all companies in the S&P 500 Index and (ii) one-third against the total shareholder return of all companies in the S&P Small Cap 600 Telecommunications Services Index. The actual number of shares delivered could equal 200% of the target amount. The performance stock units will settle as soon as practicable after January 1, 2019 but no later than March 15, 2019.