Filing Details

Accession Number:
0001209191-11-021336
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-04-04 21:04:20
Reporting Period:
2011-04-01
Filing Date:
2011-04-04
Accepted Time:
2011-04-04 21:04:20
SEC Url:
Form 4 Filing
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
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, $.01 Par Value Disposition 2011-04-01 94,900 $10.58 319,502 No 4 S Direct
Common Stock, $.01 Par Value Acquisiton 2011-04-01 1,126 $0.00 320,628 No 4 M Direct
Common Stock, $.01 Par Value Disposition 2011-04-01 411 $10.47 320,217 No 4 F Direct
Common Stock, $.01 Par Value Acquisiton 2011-04-04 250,000 $9.38 570,217 No 4 M Direct
Common Stock, $.01 Par Value Disposition 2011-04-04 222,698 $10.53 347,519 No 4 D Direct
Common Stock, $.01 Par Value Disposition 2011-04-04 9,952 $10.53 337,567 No 4 F Direct
Common Stock, $.01 Par Value Disposition 2011-04-04 55,100 $10.45 282,467 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 M Direct
No 4 F Direct
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 restricted stock units Disposition 2011-04-01 1,126 $0.00 1,126 $0.00
Common Stock Stock settled stock appreciation rights Disposition 2011-04-04 250,000 $0.00 250,000 $9.38
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2011-04-01 No 4 M Direct
0 2011-04-01 2014-01-01 No 4 M Direct
Footnotes
  1. This transaction was made pursuant to a plan intended to comply with Rule 10b5-1(c), previously entered into in March 2011.
  2. Reflects weighted average sale price. The range of prices for such transaction is $10.50 to $10.67. The reporting person hereby undertakes to provide, upon request by the Securities and Exchange Commission staff, the issuer, or a shareholder of the issuer, full information regarding the number of shares sold at each separate price.
  3. Represents a restricted stock unit award under the Alaska Communications Systems Group, Inc. 1999 Stock Incentive Plan that vested in full on 4/1/2011.
  4. Reflects weighted average sale price. The range of prices for such transaction is $10.40 to $10.48. The reporting person hereby undertakes to provide, upon request by the Securities and Exchange Commission staff, the issuer, or a shareholder of the issuer, full information regarding the number of shares sold at each separate price.
  5. 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% vested on April 1, 2011.