-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Mi+Bc6kMC/ca6fzl6KyrQLG/gtapVUgDnpk/qVvY/BcN4KQnYjSkcFjya9KiuTxs gy5heuwAkOThdb1qBUJl1A== 0000950144-06-005055.txt : 20060515 0000950144-06-005055.hdr.sgml : 20060515 20060515171816 ACCESSION NUMBER: 0000950144-06-005055 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20060515 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20060515 DATE AS OF CHANGE: 20060515 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CT COMMUNICATIONS INC /NC CENTRAL INDEX KEY: 0000023259 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 561837282 STATE OF INCORPORATION: NC FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-19179 FILM NUMBER: 06842851 BUSINESS ADDRESS: STREET 1: 1000 PROGRESS PLACE NE STREET 2: PO BOX 227 CITY: CONCORD STATE: NC ZIP: 28026 BUSINESS PHONE: (704) 722-2500 MAIL ADDRESS: STREET 1: 1000 PROGRESS PLACE NE STREET 2: PO BOX 227 CITY: CONCORD STATE: NC ZIP: 28026 FORMER COMPANY: FORMER CONFORMED NAME: CONCORD TELEPHONE CO DATE OF NAME CHANGE: 19920703 8-K 1 g01572k1e8vk.htm CT COMMUNICATIONS, INC. CT Communications, Inc.
 

 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):      May 15, 2006     
CT COMMUNICATIONS, INC.
(Exact name of registrant as specified in its charter)
North Carolina
(State or other jurisdiction of incorporation)
     
0-19179   56-1837282
(Commission File Number)   (IRS Employer Identification No.)
     
1000 Progress Place NE    
P.O. Box 227    
Concord, North Carolina   28026-0227
(Address of principal executive offices)   (Zip Code)
Registrant’s telephone number, including area code: (704) 722-2500
N/A
(Former name or former address, if changed since last report.)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
     o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
     o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
     o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
     o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 

 

ITEM 8.01 Other Events
On May 15, 2006, CT Communications, Inc. (the “Company”) issued a press release announcing that Michael R. Coltrane, Chairman and Chief Executive Officer of the Company, had established a Rule 10b5-1 sales plan. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
ITEM 9.01 Financial Statements and Exhibits
(c) Exhibits.
     
Ex. No.   Description
 
    
99.1
  Press Release dated May 15, 2006

 

 

SIGNATURES
     Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
         
 
  CT COMMUNICATIONS, INC.
 
        
 
  By:   /s/ Ronald A. Marino
 
       
 
      Ronald A. Marino
Chief Accounting Officer
 
        
Dated:     May 15, 2006
        

 

EX-99.1 2 g01572k1exv99w1.htm EX-99.1 EX-99.1
 

Exhibit 99.1
CT COMMUNICATIONS PRESS RELEASE
May 15, 2006
Concord, NC
Jim Hausman
704.722.2410
Duane Johnson
704.722.3231
CT Communications Announces Adoption of 10b5-1 Plan by
Chairman and Chief Executive Officer
 
CT Communications, Inc. (NASDAQ: CTCI) today announced that Chairman and Chief Executive Officer Michael R. Coltrane has adopted, in accordance with Rule 10b5-1 of the Securities and Exchange Act of 1934, a pre-arranged trading plan to sell shares of Company common stock. The plan provides that no more than an aggregate of 30,119 shares of Company common stock (representing less than 3% of the total number of shares beneficially owned by Mr. Coltrane) may be sold in periodic installments beginning in June 2006 and ending upon the earlier to occur of May 31, 2007, or the disposition of the shares covered by the plan. The plan has been established as part of Mr. Coltrane’s long-term strategy for asset diversification and financial and tax planning activities.
A 10b5-1 plan allows an officer or director to adopt a pre-determined plan for buying or selling stock when the officer or director is not in possession of material, non-public information at the time of plan adoption and when Company policy otherwise permits the adoption of the plan. Except as required by law or as the Company may elect to disclose, the Company does not undertake to report future 10b5-1 plans established by officers or directors of the Company nor to report modifications or terminations of, or transactions or other activities under, any 10b5-1 plan.
Any transactions under the plan adopted by Mr. Coltrane will be disclosed publicly through Form 144 and Form 4 filings with the Securities and Exchange Commission.
About CT Communications, Inc.
CT Communications, Inc. is headquartered in Concord, N.C. and is a growing provider of integrated telecommunications and related services to residential and business customers located primarily in North Carolina. CT Communications, Inc. offers a comprehensive package of telecommunications and related services, including broadband high-speed Internet services, wireless voice and data, local and long distance telephone services.
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of the federal securities laws. These forward-looking statements are within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, including statements regarding the adoption of a 10b5-1 plan by the Company’s Chairman and Chief Executive Officer. The Company intends such forward-looking statements to be covered by the Safe Harbor provisions for forward looking statements contained in the Private Securities Litigation Reform Act of 1995, and is including this statement for purposes of complying with such Safe Harbor provisions. The forward-looking statements are subject to risks, uncertainties and assumptions made by management about CT Communications, Inc., and actual events or results may differ materially from those in the forward-looking statements.
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