X0306 4 2017-07-03 1 0001062613 FAIRPOINT COMMUNICATIONS INC FRP 0001129708 HOROWITZ EDWARD 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 2017-07-03 4 D 0 69655 D 0 D Stock Options 9.36 2017-07-03 4 D 0 7576 D 2023-01-22 Common Stock 7576 0 D Stock Options 13.29 2017-07-03 4 D 0 6491 D 2024-01-22 Common Stock 6491 0 D Stock Options 14.73 2017-07-03 4 D 0 5549 D 2025-01-22 Common Stock 5549 0 D Stock Options 14.61 2017-07-03 4 D 0 6025 D 2026-01-22 Common Stock 6025 0 D Disposed of pursuant to an agreement and plan of merger among FairPoint Communications, Inc., Consolidated Communications Holdings, Inc. ("Consolidated") and Falcon Merger Sub, Inc. in exchange for 50,848 shares of Consolidated common stock having a market value of $21.47 per share on the last complete trading day prior to the effective date of the merger. This option, which provided for vesting in of all these options on January 22, 2014, was automatically canceled in exchange for the right to receive 2,227 shares (net of shares surrendered for the payment of taxes) of Consolidated common stock (after taking into account the exercise price) having a market value of $21.47 per share on the last complete trading day prior to the effective date of the merger. This option, which provided for vesting in of all these options on January 22, 2015, was automatically canceled in exchange for the right to receive 719 shares (net of shares surrendered for the payment of taxes) of Consolidated common stock (after taking into account the exercise price) having a market value of $21.47 per share on the last complete trading day prior to the effective date of the merger. This option, which provided for vesting in of all these options on January 22, 2016, was automatically canceled in exchange for the right to receive 243 shares (net of shares surrendered for the payment of taxes) of Consolidated common stock (after taking into account the exercise price) having a market value of $21.47 per share on the last complete trading day prior to the effective date of the merger. This option, which provided for vesting in of all these options on January 23, 2017, was automatically canceled in exchange for the right to receive 299 shares (net of shares surrendered for the payment of taxes) of Consolidated common stock (after taking into account the exercise price) having a market value of $21.47 per share on the last complete trading day prior to the effective date of the merger. /s/ Garrett Van Osdell, Power of Attorney 2017-07-06