Ownership Submission
FORM 4
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

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
COUCH MARGARET Z
  2. Issuer Name and Ticker or Trading Symbol
ALAMOSA HOLDINGS INC [APCS]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chief Integration Officer
(Last)
(First)
(Middle)
5225 S LOOP 289
3. Date of Earliest Transaction (Month/Day/Year)
02/01/2006
(Street)

LUBBOCK, TX 79424
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction 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
Common Stock 02/01/2006   D(1)   63,796 (2) D $ 18.75 0 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction 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
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(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) $ 10.25 02/01/2006   D   250     (3) 02/23/2011 Commonn Stock 250 (3) 0 D  
Employee Stock Option (right to buy) $ 12.35 02/01/2006   D   10,050     (4) 01/03/2015 Commonn Stock 10,050 (4) 0 D  
Employee Stock Option (right to buy) $ 12.35 02/01/2006   D   4,950     (5) 01/03/2015 Commonn Stock 4,950 (5) 0 D  
Employee Stock Option (right to buy) $ 16.95 02/01/2006   D   24,000     (6) 08/07/2011 Commonn Stock 24,000 (6) 0 D  
Employee Stock Option (right to buy) $ 17 02/01/2006   D   29,410     (7) 02/03/2010 Commonn Stock 29,410 (7) 0 D  
Employee Stock Option (right to buy) $ 17 02/01/2006   D   50,590     (8) 02/03/2010 Commonn Stock 50,590 (8) 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
COUCH MARGARET Z
5225 S LOOP 289
LUBBOCK, TX 79424
      Chief Integration Officer  

Signatures

 Melinda Wheatley, Attorney in Fact   02/02/2006
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) Disposed of pursuant to a merger agreement between Issuer and Sprint Nextel Corporation in exchange for a cash payment representing the $18.75 per common share merger consideration.
(2) Includes holdings of 22,617 in the Issuer's ESPP and 11,036 in the Issuer's 401(k) Plan.
(3) This option, which was fully vested as of 2/23/01, was cancelled pursuant to the merger in exchange for a cash payment representing the difference between the exercise price of the option and the $18.75 per common share merger consideration.
(4) This option, which provided for vesting at 3% per month beginning 1/3/05, was cancelled pursuant to the merger in exchange for a cash payment representing the difference between the exercise price of the option and the $18.75 per common share merger consideration.
(5) This option, which was fully vested as of 12/3/05, was cancelled pursuant to the merger in exchange for a cash payment representing the difference between the exercise price of the option and the $18.75 per common share merger consideration.
(6) This option, which was fully vested as of 8/7/04, was cancelled pursuant to the merger in exchange for a cash payment representing the difference between the exercise price of the option and the $18.75 per common share merger consideration.
(7) This option, which was fully vested as of 2/3/04, was cancelled pursuant to the merger in exchange for a cash payment representing the difference between the exercise price of the option and the $18.75 per common share merger consideration.
(8) This option, which was fully vested as of 2/3/04, was cancelled pursuant to the merger in exchange for a cash payment representing the difference between the exercise price of the option and the $18.75 per common share merger consideration.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

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.