Goldwater Charles 4
4 · Access Integrated Technologies, Inc. d/b/a Cinedigm Digital Cinema Corp. · Filed Apr 27, 2009
Insider Transaction Report
Form 4
Goldwater Charles
SVP, Pres Media Services Group
Transactions
- Award
Restricted Stock Units
2009-04-23+50,000→ 50,000 total→ Class A Common Stock (50,000 underlying)
Holdings
- 25,000
Stock Option (Right to buy)
Exercise: $10.07From: 2006-03-08Exp: 2015-08-02→ Class A Common Stock (25,000 underlying) - 10,000
Stock Option (Right to buy)
Exercise: $9.98From: 2006-03-08Exp: 2015-10-26→ Class A Common Stock (10,000 underlying) - 10,000
Stock Option (Right to buy)
Exercise: $10.25From: 2006-09-14Exp: 2016-03-08→ Class A Common Stock (10,000 underlying) - 15,000
Stock Option (Right to buy)
Exercise: $5.16Exp: 2017-10-18→ Class A Common Stock (15,000 underlying) - 7,500
Class A Common Stock
- 10,000
Stock Option (Right to buy)
Exercise: $9.45Exp: 2016-10-03→ Class A Common Stock (10,000 underlying) - 100,000
Restricted Stock Units
→ Class A Common Stock (100,000 underlying)
Footnotes (6)
- [F1]Includes 7,500 restricted Class A Common shares granted on September 20, 2007, pursuant to the Issuer's Second Amended and Restated 2000 Equity Incentive Plan. Such restricted shares vest in three equal annual installments commencing September 20, 2008.
- [F2]The option vests in three equal annual installments commencing October 3, 2007.
- [F3]The option vests in three equal annual installments commencing October 18, 2008.
- [F4]Each restricted stock unit (an "RSU") represents a contingent right to receive one share of Class A Common Stock ("Common Stock"); however, the Issuer has the discretion to settle in Common Stock or cash or a combination thereof.
- [F5](a) On May 9, 2011, all of the RSUs will vest unless earlier vested pursuant to (b) or (c) below. (b) On May 9, 2009, (i) 1/3 of the RSUs will vest if the Common Stock has traded at $7.00 or more for at least 10 consecutive trading days (a "10-day period") during the year ending on such date or (ii) 2/3 of the RSUs will vest if the Common Stock has traded at $9.50 or more for a 10-day period during the year ending on such date. (c) On May 9, 2010, (i) 1/3 of the unvested RSUs will vest if the Common Stock has traded at $7.00 or more for a 10-day period during the two years ending on such date or (ii) 2/3 of the unvested RSUs will vest if the Common Stock has traded at $9.50 or more for a 10-day period during the two years ending on such date or (iii) all of the unvested RSUs will vest if the Common Stock has traded at $12.00 or more for a 10-day period during the year ending on such date.
- [F6](a) On April 23, 2012, all of the RSUs will vest unless earlier vested pursuant to (b) or (c) below. (b) On April 23, 2010, (i) 1/3 of the RSUs will vest if the Common Stock has traded at $7.00 or more for at least 10 consecutive trading days (a "10-day period") during the year ending on such date or (ii) 2/3 of the RSUs will vest if the Common Stock has traded at $9.50 or more for a 10-day period during the year ending on such date. (c) On April 23, 2011, (i) 1/3 of the unvested RSUs will vest if the Common Stock has traded at $7.00 or more for a 10-day period during the two years ending on such date or (ii) 2/3 of the unvested RSUs will vest if the Common Stock has traded at $9.50 or more for a 10-day period during the two years ending on such date or (iii) all of the unvested RSUs will vest if the Common Stock has traded at $12.00 or more for a 10-day period during the year ending on such date.