4//SEC Filing
Fredericks John D. 4
Accession 0000905718-18-000516
CIK 0001611110other
Filed
May 14, 8:00 PM ET
Accepted
May 15, 5:27 PM ET
Size
8.7 KB
Accession
0000905718-18-000516
Insider Transaction Report
Form 4
Fredericks John D.
General Counsel
Transactions
- Award
Medley LLC Units
2018-05-11+9,333→ 482,363 total→ Common Stock (9,333 underlying) - Award
Medley LLC Units
2018-05-11+79,000→ 561,363 total→ Common Stock (79,000 underlying)
Footnotes (2)
- [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 May 11, 2018, Reporting Person was granted 9,333 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. Subject to customary acceleration provisions, these restricted Medley LLC Units vest annually in three equal installments commencing January 1, 2021.
- [F2]Reporting Person is an existing member and holds Medley LLC Units. In connection with Reporting Person's services, on May 11, 2018, Reporting Person was granted 79,000 restricted Medley LLC Units. Pursuant to the Exchange Agreement, each vested Medley LLC Unit may be exchanged for one share of Common Stock. These restricted Medley LLC Units vest upon (i) termination without cause in connection with a change in control, or (ii) provided the Reporting Person has not undergone a termination prior thereto, upon (a) the occurrence of a change in control, or (b) death or disability.
Documents
Issuer
MEDLEY MANAGEMENT INC.
CIK 0001611110
Entity typeother
Related Parties
1- filerCIK 0001599314
Filing Metadata
- Form type
- 4
- Filed
- May 14, 8:00 PM ET
- Accepted
- May 15, 5:27 PM ET
- Size
- 8.7 KB