X0306 4 2014-05-12 0 0001062613 FAIRPOINT COMMUNICATIONS INC FRP 0001604953 Turner Karen Dickerson C/O FAIRPOINT COMMUNICATIONS, INC. 521 E. MOREHEAD STREET, SUITE 500 CHARLOTTE NC 28202 0 1 0 0 VP, Strategy & Bus. Support Common stock, par value $0.01 per share 2014-05-12 4 A 0 4000 A 4000 D Stock Options (A&R 2010 Long Term Incentive Plan) 13.60 2014-05-12 4 A 0 6000 A 2024-05-12 Common stock, par value $0.01 per share 6000 6000 D Represents restricted shares of FairPoint Communications, Inc. (the "Company") common stock, par value $0.01 per share, issued pursuant to the Company's Amended and Restated 2010 Long Term Incentive Plan (the "LTIP") on May 12, 2014 (the "Grant Date"). These restricted shares will vest in three equal annual installments, commencing on the first anniversary of the Grant Date. No consideration was paid by the Reporting Person for these restricted shares. Represents stock options issued pursuant to the LTIP on May 12, 2014. These stock options will vest in three equal annual installments, commencing on the first anniversary of the Grant Date. No consideration was paid by the Reporting Person for these stock options. /s/ Karen D. Turner 2014-05-14