FORM 4
[ X ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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OMB Number: 3235-0287
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

RAND JONATHAN
2. Issuer Name and Ticker or Trading Symbol

Straight Path Communications Inc. [ STRP ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
CFO
(Last)          (First)          (Middle)

C/O STRAIGHT PATH COMMUNICATIONS INC., 5300 HICKORY PARK DRIVE, SUITE 218
3. Date of Earliest Transaction (MM/DD/YYYY)

2/28/2018
(Street)

GLEN ALLEN, VA 23059
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class B Common Stock, par value $.01 per share   2/28/2018     D    64162   D   (1) 0   D    
Class B Common Stock, par value $.01 per share   2/28/2018     D    750   D   (1) 0   I   IRA  
Class B Common Stock, par value $.01 per share   2/28/2018     D    410   D   (1) 0   I   By 401(k) Plan  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy)   $50   2/28/2018     D         10000      (2) 6/16/2019   Class B Common Stock, par value $.01 per share   10000     (2) 0   D    

Explanation of Responses:
(1)  Disposed of pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of May 11, 2017, by and among Straight Path Communications Inc. ("Straight Path"), Verizon Communications Inc. ("Verizon") and Waves Merger Sub I, Inc., a wholly-owned subsidiary of Verizon ("Merger Sub"), pursuant to which, among other things, Merger Sub was merged with and into the Company in a merger that became effective on February 28, 2018.
(2)  Disposed of pursuant to the Merger Agreement in exchange for a number of Verizon shares calculated pursuant to the Merger Agreement based on the excess of the per share merger consideration over the applicable per share option exercise price.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
RAND JONATHAN
C/O STRAIGHT PATH COMMUNICATIONS INC.
5300 HICKORY PARK DRIVE, SUITE 218
GLEN ALLEN, VA 23059


CFO

Signatures
/s/ Yonatan Cantor, by Power of Attorney 2/28/2018
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** 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 is insufficient, see Instruction 6 for procedure.
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