UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
(X) Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
1. Name and Address of Reporting Person
Laura L. DiPreta
Three High Ridge Park
CT, Stamford 06905
2. Issuer Name and Ticker or Trading Symbol
Citizens Communications Company (CZN)
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Day/Year
4/9/2003
5. If Amendment, Date of Original (Month/Day/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
( ) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other
(specify below)
Assistant Vice President
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. |2A. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect |
|Trans-|Exec- |Trans | or Disposed of (D) | Securities |ect | Beneficial Ownership |
|action|ution |action| | Beneficially |(D)or | |
| | | | | | A/| | Owned Following |Indir | |
|Date | Date |Code|V| Amount | D | Price | Reported Trans(s)|ect(I)| |
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Common Stock |4/9/ 2| |M | |1957.00 |A |7.75 | |D | |
|003 | | | | | | | | | |
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Common Stock |4/9/ 2| |M | |4980.00 |A |7.75 | |D | |
|003 | | | | | | | | | |
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Common Stock |4/9/ 2| |M | |7139.00 |A |7.75 | |D | |
|003 | | | | | | | | | |
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Common Stock |4/9/ 2| |M | |15609.00 |A |8.53 | |D | |
|003 | | | | | | | | | |
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Common Stock |4/9/ 2| |M | |11506.00 |A |7.75 | |D | |
|003 | | | | | | | | | |
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Common Stock |4/9/ 2| |M | |22500.00 |A |7.50 | |D | |
|003 | | | | | | | | | |
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Common Stock |4/9/ 2| |S | |22500.00 |D |10.85 | |D | |
|003 | | | | | | | | | |
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Common Stock |4/9/ 2| |S | |9000.00 |D |10.84 | |D | |
|003 | | | | | | | | | |
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Common Stock |4/9/ 2| |S | |7500.00 |D |10.83 | |D | |
|003 | | | | | | | | | |
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Common Stock |4/9/ 2| |S | |24691.00 |D |10.82 |1311.35 |D | |
|003 | | | | | | | | | |
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Common Stock | | | | | | | |2615.01 |I |401(k) |
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Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned |
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1.Title of |2.Con- |3. |3A. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of|
Derivative |version |Trans- |Deemed|Trans-| rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect |
Security |or Exer |action | |action| rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial |
|cise | |Execu-| | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership |
|Price of| |ution | | posed of(D) |Day/Year) | |rity |Benefi |or | |
|Deriva- | | | | |Date |Expir| | |ficially |Ind| |
|tive | | | | | A/|Exer-|ation| Title and Number | |Owned Follow|ire| |
|Secu- |(Month/|(Month| | | | D |cisa-|Date | of Shares | |ing Reported|ct | |
|rity |Day/ |/Day/ |Code|V| Amount | |ble | | | |Trans- |(I)| |
| |Year) |Year) | | | | | | | | |action(s) | | |
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Employee Stoc|7.75 |4/9/ 20| |M | |1957.00 |D |1 |11/16|Common Stock|1957.00| |0.00 |D | |
k Option (Rig| |03 | | | | | | |/2003| | | | | | |
ht to Buy) | | | | | | | | | | | | | | | |
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Employee Stoc|7.75 |4/9/ 20| |M | |4980.00 |D |1 |12/13|Common Stock|4980.00| |0.00 |D | |
k Option (Rig| |03 | | | | | | |/2004| | | | | | |
ht to Buy) | | | | | | | | | | | | | | | |
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Employee Stoc|7.75 |4/9/ 20| |M | |7139.00 |D |1 |02/15|Common Stock|7139.00| |0.00 |D | |
k Option (Rig| |03 | | | | | | |/2006| | | | | | |
ht to Buy) | | | | | | | | | | | | | | | |
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Employee Stoc|8.5290 |4/9/ 20| |M | |15609.00 |D |2 |09/25|Common Stock|15609.0| |0.00 |D | |
k Option (Rig| |03 | | | | | | |/2007| |0 | | | | |
ht to Buy) | | | | | | | | | | | | | | | |
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Employee Stoc|7.75 |4/9/ 20| |M | |11506.00 |D |2 |04/03|Common Stock|11506.0| |0.00 |D | |
k Option (Rig| |03 | | | | | | |/2008| |0 | | | | |
ht to Buy) | | | | | | | | | | | | | | | |
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Employee Stoc|7.50 |4/9/ 20| |M | |22500.00 |D |2 |3/23/|Common Stock|22500.0| |0.00 |D | |
k Option (Rig| |03 | | | | | | |2009 | |0 | | | | |
ht To Buy) | | | | | | | | | | | | | | | |
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Explanation of Responses:
1. Shares vest in five equal annual installments beginning on the first
anniversary of the grant.
2. Shares vest in three equal annual installments beginning on the first
anniversary of the grant.
SIGNATURE OF REPORTING PERSON
Laura L. DiPreta
Laura L. DiPreta by L. Russell Mitten Under Power-of-Attorney