Fredericks John D. 4
4 · MEDLEY MANAGEMENT INC. · Filed Mar 29, 2018
Insider Transaction Report
Form 4
Fredericks John D.
General Counsel
Transactions
- Award
Medley LLC Units
2018-03-28+70,000→ 473,030 total→ Common Stock (70,000 underlying)
Footnotes (1)
- [F1]Reporting Person is an existing member and holds Class A Units of Medley LLC ("Medley LLC Units"). In connection with Reporting Person's services, on March 28, 2018, Reporting Person was granted 70,000 restricted Medley LLC Units. Pursuant to the Exchange Agreement dated September 23, 2014, among Issuer, Medley LLC and the holders of Medley LLC Units (the "Exchange Agreement"), each vested Medley LLC Unit may be exchanged for one share of Common Stock. These restricted Medley LLC Units vest annually in three equal installments commencing January 1, 2021.