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  <TITLE> Cogent Communications Group, Inc. (Form: 8-K) </TITLE>
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  		UNITED STATES<BR>
  	SECURITIES AND EXCHANGE COMMISSION
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  	WASHINGTON, D.C. 20549
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  	FORM 8-K
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  	CURRENT REPORT
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  	Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934
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  	Date of Report (Date of Earliest Event Reported):
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  	&nbsp;
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  	June 21, 2007
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  	Cogent Communications Group, Inc.
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  <BR>__________________________________________<BR>
  	(Exact name of registrant as specified in its charter)
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  	Delaware
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  	1-31227
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  	52-2337274
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  _____________________<BR>
  	(State or other jurisdiction
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  _____________<BR>
  	(Commission
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  ______________<BR>
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  	of incorporation)
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  	File Number)
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  	Identification No.)
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  	1015 31st St. NW, Washington, District of Columbia
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  	20007
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  _________________________________<BR>
  	(Address of principal executive offices)
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  ___________<BR>
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  	Registrant&#146;s telephone number, including area code:
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  	202-295-4200
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  	Not Applicable
  <BR>______________________________________________<BR>
  	Former name or former address, if changed since last report
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  	&nbsp;
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  <!-- CoverPageRegistrant END --><P><FONT SIZE="2">
  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:</FONT>
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  <P><FONT SIZE="2">
  [&nbsp;&nbsp;]&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<br>
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  	Item 1.01 Entry into a Material Definitive Agreement.
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  The following amendments to the Cogent Communications Group, Inc. 2004 Incentive Award Plan (the "Plan") were approved at a meeting of Cogent&#x2019;s board of directors on June 20, 2007.  The amendments shall apply only to awards made to employees under the Plan after June 20, 2007.<br><br>Option strike price<br><br>All options granted to employees shall have a strike price not less than the market price of the company&#x2019;s common stock on the date of grant of the option.<br><br>Normal Vesting<br><br>Restricted stock that does not vest on the basis of meeting performance targets shall not vest at a rate that would cause the following vesting schedule to be exceeded: no vesting prior to the first anniversary of the grant; no more than 1/3 vested prior to the second anniversary of the grant; and no more than 2/3 vested prior to the third anniversary of the grant.<br><br>Options and restricted stock that vest based on meeting performance targets shall not vest prior to the first anniversary of the grant.<br><br>Accelerated Vesting<br><br>Vesting of restricted stock and options granted to employees shall not accelerate except in the following circumstances:  death, disability, change of control of the company, and retirement.  An award that provides for acceleration of vesting in the event of a change of control shall not provide for acceleration that would result in the employee receiving more than three times his or her annual compensation from acceleration of the award as a result of the change of control.  Awards of restricted stock and options shall be measured against this standard using value of restricted stock and options and compensation at the time of the grant.
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  	SIGNATURES
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  	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.
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  	Cogent Communications Group, Inc.
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  <I>
  	June 22, 2007
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  	By:
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  <I>
  	David Schaeffer
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  	Name: David Schaeffer
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  	Title: Chief Executive Officer
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metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "htm_21082.htm", "description": "LIVE FILING", "secsgml_size_bytes": 9953}]
metadata_filer: {"company-data": {"conformed-name": "COGENT COMMUNICATIONS GROUP INC", "cik": "0001158324", "assigned-sic": "7372", "irs-number": "522337274"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-31227", "film-number": "07935861"}, "business-address": {"street1": "1015 31ST STREET", "city": "WASHINGTON", "state": "DC", "zip": "20007", "phone": "2022954200"}}
text: Cogent Communications Group, Inc. (Form: 8-K)
  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):
  June 21, 2007
  Cogent Communications Group, Inc.
  __________________________________________
  (Exact name of registrant as specified in its charter)
  Delaware
  1-31227
  52-2337274
  _____________________
  (State or other jurisdiction
  _____________
  (Commission
  ______________
  (I.R.S. Employer
  of incorporation)
  File Number)
  Identification No.)
  1015 31st St. NW, Washington, District of Columbia
  20007
  _________________________________
  (Address of principal executive offices)
  ___________
  (Zip Code)
  Registrant's telephone number, including area code:
  202-295-4200
  Not Applicable
  ______________________________________________
  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:
  [  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
  [  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
  [  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
  [  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
  Top of the Form
  Item 1.01 Entry into a Material Definitive Agreement.
  The following amendments to the Cogent Communications Group, Inc. 2004 Incentive Award Plan (the "Plan") were approved at a meeting of Cogent's board of directors on June 20, 2007.  The amendments shall apply only to awards made to employees under the Plan after June 20, 2007.
  Option strike price
  All options granted to employees shall have a strike price not less than the market price of the company's common stock on the date of grant of the option.
  Normal Vesting
  Restricted stock that does not vest on the basis of meeting performance targets shall not vest at a rate that would cause the following vesting schedule to be exceeded: no vesting prior to the first anniversary of the grant; no more than 1/3 vested prior to the second anniversary of the grant; and no more than 2/3 vested prior to the third anniversary of the grant.
  Options and restricted stock that vest based on meeting performance targets shall not vest prior to the first anniversary of the grant.
  Accelerated Vesting
  Vesting of restricted stock and options granted to employees shall not accelerate except in the following circumstances:  death, disability, change of control of the company, and retirement.  An award that provides for acceleration of vesting in the event of a change of control shall not provide for acceleration that would result in the employee receiving more than three times his or her annual compensation from acceleration of the award as a result of the change of control.  Awards of restricted stock and options shall be measured against this standard using value of restricted stock and options and compensation at the time of the grant.
  Top of the Form
  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.
  Cogent Communications Group, Inc.
  June 22, 2007
  By:
  David Schaeffer
  Name: David Schaeffer
  Title: Chief Executive Officer