SEC Form 4
FORM 4 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
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Vadapalli Anand

(Last) (First) (Middle)
C/O ALASKA COMMUNICATIONS SYSTEMS
600 TELEPHONE AVE

(Street)
ANCHORAGE AK 99503

(City) (State) (Zip)
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)
X Director 10% Owner
X Officer (give title below) Other (specify below)
CEO and President
3. Date of Earliest Transaction (Month/Day/Year)
03/01/2013
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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, $.01 par value 03/01/2013 M 32,350 A $0.00(1) 156,104 D
common stock, $.01 par value 03/01/2013 M 10,784 A $0.00(2) 166,888 D
common stock, $.01 par value 03/01/2013 M 8,609 A $0.00(3) 175,497 D
common stock, $.01 par value 03/01/2013 M 87,458 A $0.00(3) 262,955 D
common stock, $.01 par value 03/01/2013 A 53,110 A $0.00(4) 316,065 D
common stock, $.01 par value 03/01/2013 F 52,200 D $1.78 263,865 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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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 (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (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: 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
Restricted stock units $0.00(1) 03/01/2013 M 32,350 03/01/2013(5) 03/01/2013(5) Common stock 32,350 $0.00(1) 0 D
Restricted stock units $0.00(2) 03/01/2013 M 10,784 03/01/2013(6) 03/01/2013(6) Common stock 10,784 $0.00(2) 10,783 D
Restricted stock units $0.00(3) 03/01/2013 M 8,609 03/01/2013(7) 03/01/2013(7) Common stock 8,609 $0.00(3) 8,610 D
Restricted stock units $0.00(3) 03/01/2013 M 87,458 03/01/2013(8) 03/01/2013(8) Common stock 87,458 $0.00(3) 0 D
Explanation of Responses:
1. Amount represents long term incentive restricted stock units granted under the Alaska Communications Systems Group, Inc. 1999 Stock Incentive Plan.
2. Restricted stock unit award under the Alaska Communications Systems Group, Inc. 1999 Stock Incentive Plan
3. Restricted stock unit award under the Alaska Communications Systems Group, Inc. 2011 Incentive Award Plan
4. Performance stock unit award granted under the Alaska Communications Systems Group, Inc. 2011 Incentive Award Plan and vested upon acheivement of previously established peformance criteria.
5. Amount represents restricted stock units granted under the Alaska Communications Systems Group, Inc. 1999 Stock Incentive Plan which vested on an accelerated basis due to company achievement of performance targets on a cummulative basis for each of the three prior years.
6. Amount represents restricted stock units granted under the Alaska Communications Systems Group, Inc. 1999 Stock Incentive Plan as part of a larger award, 10,783 shares of which have previously vested upon achievement of company performance goals and 10,783 which will vest on 1/1/2015, based on continued employment.
7. Represents 8,609 restricted stock units granted under the Alaska Communications Systems Group, Inc. 2011 Incentive Award Plan as part of a larger award. 8,609 units have previously vested and 8,610 units are subject to future time and/or employment conditions.
8. Restricted stock units granted under the Alaska Communications Systems Group, Inc. 2011 Incentive Award Plan scheduled to vest on March 1, 2013, subject to continued employment.
Remarks:
/s/Leonard Steinberg for Anand Vadapalli 03/05/2013
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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