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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1089511	Alaska Communications Systems Group Inc	ALSK	Telephone Communications (No Radiotelephone) (4813)	522126573

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1205189	J Liane Pelletier	C/O Alaska Communications Systems 600 Telephone Ave Anchorage AK 99503	Transitional Officer/Director	Yes	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock, $.01 Par Value	Acquisiton	2011-03-22	250,000	$9.38	664,402	No	4	M	Direct
Common Stock, $.01 Par Value	Disposition	2011-03-22	223,121	$10.51	441,281	No	4	D	Direct
Common Stock, $.01 Par Value	Disposition	2011-03-22	9,798	$10.51	431,483	No	4	F	Direct
Common Stock, $.01 Par Value	Disposition	2011-03-24	17,081	$10.50	414,402	No	4	S	Direct

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

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Stock settled stock appreciation rights	Disposition	2011-03-22	250,000	$0.00	17,081	$9.38

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
250,000	2010-04-01	2014-01-01	No	4	M	Direct

Footnotes

This transaction was made pursuant to a plan intended to comply with Rule 10b5-1(c), previously entered into in March 2011.
The exercise price of this grant was initially reported incorrectly as $9.34 on the Form 4 filed upon grant on 01/05/2009. The correct exercise price is $9.38.
Each SAR consists of the right to receive an amount, in common stock, equal to excess of the fair market value of a share of common stock on the date of exercise over the exercise price of the SAR. These SARs represent 50% of a larger award that vested April 1, 2010. The remaining 50% will vest on April 1, 2011.