SHENANDOAH TELECOMMUNICATIONS CO/VA/ — Director's Dealing 2017

Feb 17, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SHENANDOAH TELECOMMUNICATIONS CO/VA/ (SHEN)
CIK: 0000354963
Period of Report: 2017-02-16

Reporting Person: SCHULTZ LEIGH ANN (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-02-16	Common Stock	A	982	—	Acquired	1050.0000	Direct
2017-02-16	Common Stock	F	301	$27.9	Acquired	749.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-02-16	Restricted Stock Units	$	M	982	Disposed	2017-02-16	Common Stock (982)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	38	Indirect

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of common stock.