4//SEC Filing
MULTIMEDIA GAMES INC 4
Accession 0000914121-06-003467
CIK 0000896400operating
Filed
Nov 12, 7:00 PM ET
Accepted
Nov 13, 8:17 PM ET
Size
16.3 KB
Accession
0000914121-06-003467
Insider Transaction Report
Form 4
PEARLMAN EMANUEL R
Director
Transactions
- Award
Non-Qualified Stock Options
2006-11-09+10,000→ 10,000 totalExercise: $9.63From: 2007-05-09Exp: 2016-11-09→ Common Stock (10,000 underlying) - Purchase
Common Stock, $0.01 par value per share
2006-11-09+0→ 2,311,327 total(indirect: See footnotes)
Transactions
- Award
Non-Qualified Stock Options
2006-11-09+10,000→ 10,000 totalExercise: $9.63From: 2007-05-09Exp: 2016-11-09→ Common Stock (10,000 underlying) - Purchase
Common Stock, $0.01 par value per share
2006-11-09+0→ 2,311,327 total(indirect: See footnotes)
Transactions
- Award
Non-Qualified Stock Options
2006-11-09+10,000→ 10,000 totalExercise: $9.63From: 2007-05-09Exp: 2016-11-09→ Common Stock (10,000 underlying) - Purchase
Common Stock, $0.01 par value per share
2006-11-09+0→ 2,311,327 total(indirect: See footnotes)
Transactions
- Purchase
Common Stock, $0.01 par value per share
2006-11-09+0→ 2,311,327 total(indirect: See footnotes) - Award
Non-Qualified Stock Options
2006-11-09+10,000→ 10,000 totalExercise: $9.63From: 2007-05-09Exp: 2016-11-09→ Common Stock (10,000 underlying)
Footnotes (7)
- [F1]The information contained in Table I is solely intended to restate the beneficial ownership reported on Form 3, filed by Liberation Investments, L.P. ("LILP"), Liberation Investments, Ltd. ("LILtd"), Liberation Investment Group, LLC ("LIGLLC") and Emanuel R. Pearlman (collectively, the "Reporting Persons") on November 2, 2006. No transaction in non-derivative securities is reported herein.
- [F2]This is a joint filing by the Reporting Persons. Mr. Pearlman is the designated filer.
- [F3]LILP directly owns 1,543,418 shares of common stock, $0.01 par value per share (the "Common Stock"), of Multimedia Games, Inc. (the "Issuer") and LILtd directly owns 767,909 shares of Common Stock. LIGLLC, as the sole general partner of LILP and the sole investment advisor to LILtd, may be deemed to beneficially own 2,311,327 shares of Common Stock. Mr. Pearlman, as the Chief Executive Officer and majority member of LIGLLC, may be deemed to beneficially own 2,311,327 shares of Common Stock.
- [F4]Each Reporting Person disclaims beneficial ownership of Common Stock owned by the other Reporting Persons, and this filing shall not be deemed an admission that any Reporting Person beneficially owns Common Stock owned by the other Reporting Persons, except to the extent of its pecuniary interest.
- [F5]The Reporting Persons may be deemed members of a group holding equity securities of the Issuer. Each Reporting Person disclaims membership in a group, and this filing shall not be deemed an admission that the Reporting Persons constitute a group. Mr. Pearlman is a member of the Issuer's board of directors. As a result thereof and the relationship among the Reporting Persons, each of LILP, LILtd and LIGLLC may be deemed to be a director of the Issuer for purposes of Section 16. This filing shall not be deemed to be an admission by any such entity that it is a director of the Issuer.
- [F6]Director option grants are exercisable six months from the date of grant. The underlying shares purchased via an option exercise may be sold at a rate of twenty-five percent per year over a four-year period commencing on the date of grant.
- [F7]Mr. Pearlman directly owns the options granted to him by the Issuer and reported in this Form 4, and LILP, LILtd and LIGLLC may be deemed to beneficially own such options. Each of LILP, LILtd and LIGLLC disclaims beneficial ownership of such options, and this filing shall not be deemed an admission that any of LILP, LILtd or LIGLLC beneficially owns such options owned by Mr. Pearlman, except to the extent of its pecuniary interest.
Issuer
MULTIMEDIA GAMES INC
CIK 0000896400
Entity typeoperating
IncorporatedTX
Related Parties
1- filerCIK 0000896400
Filing Metadata
- Form type
- 4
- Filed
- Nov 12, 7:00 PM ET
- Accepted
- Nov 13, 8:17 PM ET
- Size
- 16.3 KB