X0202 4 2006-03-09 0 0001110507 ESCHELON TELECOM INC ESCH 0001294921 Smith Richard Allen Jr 730 SECOND AVENUE SOUTH SUITE 900 MINNEAPOLIS MN 55402 0 1 0 0 President & CEO Common Stock 2006-03-09 4 M 0 3700 .68 A 3700 D Common Stock 2006-03-09 4 S 0 3700 14.0008 D 0 D Common Stock 2006-03-10 4 M 0 1300 .68 A 1300 D Common Stock 2006-03-10 4 S 0 1300 14.0000 D 0 D Common Stock Options .68 2006-03-09 4 M 0 3700 .68 D 2003-02-07 2013-02-07 Common Stock 3700 89830 D Common Stock Options .68 2006-03-10 4 M 0 1300 .68 D 2003-02-07 2013-02-07 Common Stock 1300 88530 D Transaction takes place under the restrictions of a 10b5-1 trading plan. A 10b5-1 plan enables an insider to establish a program to make transactions according to an advance plan. Such a program allows an insider to continue with planned transactions even if he comes into possession of material non-public information. On March 9, 2006, Mr. Smith exercised and sold 3,700 common stock options. On March 10, 2006, Mr. Smith exercised and sold 1,300 common stock options. On February 7, 2003, Mr. Smith was granted options to purchase 168,530 shares of common stock - 5,000 were exercised and sold in these transactions, 75,000 shares were exercised and sold in previous transactions, 64,913 shares are fully vested and the remaining 23,617 shares will vest on February 7, 2007. On May 22, 2003, Mr. Smith was granted options to purchase 14,762 shares of common stock - 8,857 are vested and the remaining 5,905 will vest equally on the next two anniversary dates. On May 2, 2004, Mr. Smith was granted options to purchase 11,071 shares of common stock - 4,428 are vested and the remaining 6,643 will vest equally on the next three anniversary dates. On April 1, 2005, Mr. Smith was granted options to purchase 5,536 shares of common stock - 1,107 are vested and the remaining 4,429 will vest equally on the next four anniversary dates. On April 29, 2005, Mr. Smith was granted options to purchase 65,414 shares of common stock - 21,806 are vested and the remaining 43,608 will vest equally on the next two anniversary dates. On August 18, 2005, Mr. Smith was granted options to purchase 25,000 shares of common stock - 5,000 are vested and the remaining 20,000 will vest equally on the next four anniversary dates. /s/ Richard Allen Smith 2006-03-07