Fredericks John D. 4
4 · MEDLEY MANAGEMENT INC. · Filed Jun 6, 2019
Insider Transaction Report
Form 4
Fredericks John D.
General Counsel
Transactions
- Award
Medley LLC Units
2019-06-04+335,968→ 897,331 total→ Common Stock (335,968 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 June 4, 2019, Reporting Person was granted 335,968 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 December 31, 2019, subject to continued employment on each vesting date.