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Frontier Communications Parent, Inc. — Director's Dealing 2009
Nov 30, 2009
30642_dirs_2009-11-30_38479350-8599-4e7b-847f-dedd323585a2.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: FRONTIER COMMUNICATIONS CORP (FTR)
CIK: 0000020520
Period of Report: 2009-11-27
Reporting Person: DUGAN MICHAEL T (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2009-11-27 | Common Stock | M | 14730.81 | — | Acquired | 14730.81 | Direct |
| 2009-11-27 | Common Stock | D | 14730.81 | $7.32 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2009-11-27 | Phantom Stock Units | $0 | M | 14730.81 | Disposed | Common Stock (14730.81) | Direct |
Footnotes
F1: Phantom stock units convert one-for-one into shares of common stock or cash equivalent, upon the Reporting Person's termination of service as a director. Reporting Person retired from the Board on November 17, 2009. Pursuant to Reporting Person's election, on November 27, 2009, he received cash in settlement of 14,730.81 Phantom Stock Units.
F2: Phantom Stock Units issued under the Directors' Equity Plan are valued using the closing price of the Common Stock as of the Reporting Person's retirement date.
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