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------ U.S. SECURITIES AND EXCHANGE COMMISSION ------------------------------
FORM 4 WASHINGTON, DC 20549 OMB APPROVAL
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STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OMB Number: 3235-0104
[ ] Check box if no Expires: December 31, 2001
longer subject to Filed pursuant to Section 16(a) of the Securities Estimated average burden
Section 16. Form 4 Exchange Act of 1934, Section 17(a) of the hours per response.........0.6
or Form 5 obligations Public Utility Holding Company Act of 1935 ------------------------------
may continue. See or Section 30(f) of the Investment Company
Instruction 1(b). Act of 1940
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1. Name and Address of Reporting Person* 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person(s)
Alaska Communications Systems Group, Inc. to Issuer (Check all applicable)
Holmstrom Michael E. (NASDAQ: ALSK) Director 10% Owner
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(Last) (First) (Middle) 3. IRS or Social Security 4. Statement for X Officer Other
510 L Street, Suite 500 Number of Reporting Month/Year ---- (give title --- (Specify
--------------------------------------------- Person (Voluntary) June 2000 below) below)
(Street) ------------------
Anchorage Alaska 99501 5. If Amendment, Senior Vice President & CFO
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(City) (State) (Zip) (Month/Year)
7. Individual or Joint/Group Filing
------------------ (Check applicable line)
X Form filed by one
---- Reporting Person
Form filed by more than
---- one Reporting Person
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TABLE I -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
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1. Title of Security 2. Trans- 3. Transac- 4. Securities Acquired (A) 5. Amount of Se- 6. Owner- 7. Nature
(Instr. 3) action tion or Disposed of (D) curities Benefi- ship of In-
Date Code (Instr. 3, 4 and 5) cially Owned at Form: direct
(Instr. 8) End of Month Direct Benefi-
(Month/ (Instr. 3 and 4) (D) or cial
Day/ --------------------------------------- Indirect Owner-
Year) Code V Amount (A) or Price (I) ship
(D) (Instr. 4) (Instr. 4)
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Alaska Communications Systems 06/30/00 J(1) 1,728.51 A $8.8188 1,728.51 D
Group, Inc.
Common Stock, $0.01 par
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Alaska Communications Systems 16,249 D
Group, Inc.
Common Stock, $0.01 par --
Previously Reported
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(1) Stock purchase under Alaska Communications System Group, Inc. Employee Stock Purchase Plan.
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
*If the form is filed by more than one reporting person, see Instruction 4(b)(v).
(Print or Type Response)
Potential persons who are to respond to the collection of information contained in this
form are not required to respond unless the form displays a currently valid OMB Number.
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FORM 4 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
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1. Title of Derivative 2. Conver- 3. Trans- 4. Trans- 5. Number of 6. Date Exer- 7. Title and Amount 8. Price
Security sion or action action Derivative cisable and of Underlying of
(Instr. 3) Exercise Date Code Securities Expiration Securities Deriv-
Price of (Month/ (Instr. Acquired (A) Date (Instr. 3 and 4) ative
Deriv- Day/ 8) or Disposed (Month/Day/ Secur-
ative Year) of (D) (Instr. Year) ity
Security 3, 4, and 5) (Instr. 5)
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Date Expira- Amount or
-------------------------- Exer- tion Title Number of
Code V (A) (D) cisable Date Shares
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Employee Stock Options Various 5/14/08 Common 300,000 $6.1542
(previously reported) Stock, $.01 par
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Employee Stock Options 11/18/1999 9/28/2008 Common 50,000 $6.1542
(previously reported) Stock, $.01 par
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Employee Stock Options 02/09/01 02/09/10 Common 4,167 $14.1354
(previously reported) Stock, $.01 par
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Employee Stock Options 02/09/02 02/09/10 Common 4,167 $14.1354
(previously reported) Stock, $.01 par
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Employee Stock Options 02/09/03 02/09/10 Common 4,167 $14.1354
(previously reported) Stock, $.01 par
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Employee Stock Options 02/09/04 02/09/10 Common 4,166 $14.1354
(previously reported) Stock, $.01 par
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Employee Stock Options 12/31/2001 02/09/10 Common 8,334 $14.1354
(previously reported) Stock, $.01 par
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Employee Stock Options 12/31/2002 02/09/10 Common 8,333 $14.1354
(previously reported) Stock, $.01 par
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Employee Stock Options 12/31/2003 02/09/10 Common 8,333 $14.1354
(previously reported) Stock, $.01 par
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9. Number of 10. Ownership 11. Nature of
Derivative Form of Indirect
Securities Derivative Beneficial
Beneficially Security: Ownership
Owned at End Direct (D) (Instr. 4)
of Month or Indirect (I)
(Instr. 4) (Instr. 4)
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300,000 D
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50,000 D
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4,167 D
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4,167 D
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4,167 D
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4,166 D
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8,334 D
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8,333 D
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8,333 D
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<CAPTION>
FORM 4 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
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1. Title of Derivative 2. Conver- 3. Trans- 4. Trans- 5. Number of 6. Date Exer- 7. Title and Amount 8. Price
Security sion or action action Derivative cisable and of Underlying of
(Instr. 3) Exercise Date Code Securities Expiration Securities Deriv-
Price of (Month/ (Instr. Acquired (A) Date (Instr. 3 and 4) ative
Deriv- Day/ 8) or Disposed (Month/Day/ Secur-
ative Year) of (D) (Instr. Year) ity
Security 3, 4, and 5) (Instr. 5)
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Date Expira- Amount or
---------------------------- Exer- tion Title Number of
Code V (A) (D) cisable Date Shares
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Employee Stock Options 12/31/2004 2/09/10 Common 8,333 $14.1354
(previously reported) Stock,
$0.1 par
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9. Number of 10. Ownership 11. Nature of
Derivative Form of Indirect
Securities Derivative Beneficial
Beneficially Security: Ownership
Owned at End Direct (D) (Instr. 4)
of Month or Indirect (I)
(Instr. 4) (Instr. 4)
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8,333 D
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**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 provided is insufficient, see Instruction 6 for procedure.
/s/ MICHAEL E. HOLMSTROM 7/10/00
Potential persons who are to respond to the collection of information contained in this ---------------------------------------
form are not required to respond unless the form displays a currently valid OMB Number. **Signature of Reporting Person Date
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