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Frontier Communications Parent, Inc. — Director's Dealing 2010
Jan 29, 2010
30642_dirs_2010-01-29_671a0304-a717-4bc5-a0a0-f261120f7d0b.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: 2010-01-28
Reporting Person: Abernathy Kathleen Q (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-01-28 | Common Stock | M | 45432.69 | — | Acquired | 69507.69 | Direct |
| 2010-01-28 | Common Stock | D | 45432.69 | $7.65 | Disposed | 24075 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-01-28 | Phantom Stock Units | $0 | M | 45432.69 | Disposed | Common Stock (45432.69) | 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 resigned from the Board on January 28, 2010. Pursuant to Reporting person's election, on February 8, 2010, she will receive cash in settlement of 45,432.69 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 resignation date.
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