SPANISH BROADCASTING SYSTEM INC 4
4 · SPANISH BROADCASTING SYSTEM INC · Filed Feb 26, 2016
Insider Transaction Report
Form 4
ALARCON RAUL JR
DirectorChairman, CEO & Pres.10% Owner
Transactions
- Award
Stock Options
2016-02-24+70,000→ 150,000 totalExercise: $3.09Exp: 2026-02-23→ Class A Common Stock (70,000 underlying)
Footnotes (1)
- [F1]The options shall vest as follows: 1/2 vest immediately on the grant date and 1/2 vest on May 15, 2017, the one month anniversary of the maturity date of the 12.5% senior secured notes.