SHENANDOAH TELECOMMUNICATIONS CO/VA/ — Director's Dealing 2021

Jul 9, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SHENANDOAH TELECOMMUNICATIONS CO/VA/ (SHEN)
CIK: 0000354963
Period of Report: 2021-07-08

Reporting Person: PIRTLE WILLIAM L (SR VP - Sales & Marketing)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-07-08	Common Stock	A	2794	$5.41	Acquired	8773	Direct
2021-07-08	Common Stock	A	3998	$6.92	Acquired	12771	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-07-08	Incentive Stock Opiton	$5.41	X	2794	Disposed	2022-02-19	Common Stock (2794)	Direct
2021-07-08	Incentive Stock Opiton	$6.92	X	3998	Disposed	2023-02-17	Common Stock (3998)	Direct

Footnotes

F1: The option vests one-fourth on each the first, second, third and fourth anniversary. The options (and shares issuable upon exercise of the option) are subject to cancellation and forfeiture in accordance with the Company's executive compensation recovery policy.