X0306 4 2014-05-12 0 0001062613 FAIRPOINT COMMUNICATIONS INC FRP 0001259746 AQUINO PETER D C/O FAIRPOINT COMMUNICATIONS, INC. 521 E. MOREHEAD STREET, SUITE 500 CHARLOTTE NC 28202 1 0 0 0 Common stock, par value $0.01 per share 2014-05-12 4 A 0 5532 A 5532 D Stock Options (A&R 2010 Long Term Incentive Plan) 13.60 2014-05-12 4 A 0 4268 A 2015-05-12 2024-05-12 Common stock, par value $0.01 per share 4268 4268 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"). All of these restricted shares vest 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. All of these stock options vest on the first anniversary of the Grant Date. No consideration was paid by the Reporting Person for these stock options. Exhibit List: Exhibit 24.1 - Power of Attorney /s/ Shirley J. Linn, attorney-in-fact 2014-05-14