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Filing Details

Accession Number:: 0001209191-11-018524
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2011-03-16 21:01:27
Reporting Period:: 2011-03-14

Filing Date:: 2011-03-16
Accepted Time:: 2011-03-16 21:01:27
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1089511	Alaska Communications Systems Group Inc	ALSK	Telephone Communications (No Radiotelephone) (4813)	522126573

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1282478	David Wilson	C/O Alaska Communications Systems 600 Telephone Ave Anchorage AK 99503	Exec. Vp And Cfo	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock, $.01 Par Value	Acquisiton	2011-03-14	20,032	$0.00	214,562	No	4	M	Direct
Common Stock, $.01 Par Value	Disposition	2011-03-14	5,301	$10.08	209,261	No	4	F	Direct
Common Stock, $.01 Par Value	Disposition	2011-03-16	40,250	$9.86	169,011	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	F	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Restricted stock units	Disposition	2011-03-14	4,111	$0.00	4,111	$0.00
Common Stock	Restricted stock units	Disposition	2011-03-14	7,955	$0.00	7,955	$0.00
Common Stock	Restricted stock units	Disposition	2011-03-14	7,966	$0.00	7,966	$0.00

Remaning Holdings	Exercise Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
4,111	2011-03-14	No	4	M	Direct
15,910	2011-03-14	No	4	M	Direct
15,934	2011-03-14	No	4	M	Direct

Footnotes

Performance accelerated restricted stock award under the Alaska Communications Systems Group, Inc. 1999 Stock Incentive Plan
This transaction was made pursuant to a plan intended to comply with Rule 10b5-1(c), previously entered into in March 2011.
Reflects weighted average sale price. The range of prices for such transaction is $9.785 to $9.93. The reporting person hereby undertakes to provide, upon request by the Securities and Exchange Commission staff, the issuer, or a shareholder of the issuer, full information regarding the number of shares sold at each separate price.
Amount represents restricted stock units granted under the Alaska Communications Systems Group, Inc. 1999 Stock Incentive Plan as part of a larger award, 4,111 shares of which have previously vested upon achievement of company performance goals. An additional 4,111 shares will vest on 1/1/2013 subject to continued employment.
Amount represents restricted stock units granted under the Alaska Communications Systems Group, Inc. 1999 Stock Incentive Plan as part of a larger award, 7,955 shares of which will vest on 1/1/2014 subject to continued employment. An additional 7,955 shares may vest under such award, if future company performance goals are achieved.
Amount represents restricted stock units granted under the Alaska Communications Systems Group, Inc. 1999 Stock Incentive Plan which will vest on 1/1/2015 subject to continued employment. For each of the next two successive years, 1/2 of the remaining grant will vest on an accelerated basis, if the company performance target is achieved.