Sec Form 4 Filing - STEINBERG LEONARD @ ALASKA COMMUNICATIONS SYSTEMS GROUP INC - 2016-03-01

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
STEINBERG LEONARD
2. Issuer Name and Ticker or Trading Symbol
ALASKA COMMUNICATIONS SYSTEMS GROUP INC [ ALSK]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
SVP, Legal/Reg/Gov & Corp Sec.
(Last) (First) (Middle)
C/O ALASKA COMMUNICATIONS SYSTEMS, 600 TELEPHONE AVE
3. Date of Earliest Transaction (MM/DD/YY)
03/01/2016
(Street)
ANCHORAGE, AK99503
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common stock, par value $.01 03/01/2016 M 52,112 A $ 0 ( 1 ) 399,903 D
Common stock, par value $.01 03/01/2016 F 13,028 D $ 1.6 386,875 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Retricted stock units $ 0 ( 1 ) 03/01/2016 M 24,600 03/01/2016( 2 ) 03/01/2016( 2 ) common stock 24,600 $ 0 ( 1 ) 24,602 D
restricted stock units $ 0 ( 1 ) 03/01/2016 M 27,512 03/01/2016( 3 ) 03/01/2016( 3 ) common stock 27,512 $ 0 ( 1 ) 55,025 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
STEINBERG LEONARD
C/O ALASKA COMMUNICATIONS SYSTEMS
600 TELEPHONE AVE
ANCHORAGE, AK99503
SVP, Legal/Reg/Gov & Corp Sec.
Signatures
/s/Leonard A. Steinberg 03/02/2016
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Amount represents a restricted stock unit award under the Alaska Communications Systems Group, Inc. 2011 Incentive Award Plan.
( 2 )Amount represents restricted stock units granted under the Alaska Communications Systems Group, Inc. 2011 Incentive Award Plan as a part of a larger award. The remaining 24,602 units will vest on the first company business day on or after March 1, 2017, or upon Mr. Steinberg's retirement.
( 3 )Amount represents restricted stock units granted under the Alaska Communications Systems Group, Inc. 2011 Incentive Award Plan as a part of a larger award. The remaining 55,025 units will vest in two equal annual installments beginning on the first company business day on or after March 1, 2017, or upon Mr. Steinberg's retirement.

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