Goldwater Charles 4
4 · Cinedigm Digital Cinema Corp. · Filed Jun 15, 2010
Insider Transaction Report
Form 4
Goldwater Charles
SVP, Pres Media Services Group
Transactions
- Award
Stock Option (Right to buy)
2010-06-11+64,795→ 64,795 totalExercise: $1.40Exp: 2020-06-11→ Class A Common Stock (64,795 underlying)
Holdings
- 200,000
Stock Option (Right to buy)
Exercise: $1.37From: 2012-10-21Exp: 2019-10-21→ Class A Common Stock (200,000 underlying) - 15,000
Stock Option (Right to buy)
Exercise: $5.16Exp: 2017-10-18→ Class A Common Stock (15,000 underlying) - 10,000
Stock Option (Right to buy)
Exercise: $9.98From: 2006-03-08Exp: 2015-10-26→ Class A Common Stock (10,000 underlying) - 50,000
Restricted Stock Units
From: 2012-04-23→ Class A Common Stock (50,000 underlying) - 7,500
Class A Common Stock
- 25,000
Stock Option (Right to buy)
Exercise: $10.07From: 2006-03-08Exp: 2015-08-02→ Class A Common Stock (25,000 underlying) - 100,000
Restricted Stock Units
From: 2011-05-09→ Class A Common Stock (100,000 underlying)
Footnotes (8)
- [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]Vesting may accelerate as follows: (a) On 10/21/10, 1/3 of the Options will vest if the Class A Common Stock ("Common Stock") has traded at $2.75 or more for at least 10 consecutive trading days (a "10-day period") during the year ending on such date; 2/3 of the Options will vest if the Common Stock has traded at $3.75 or more for a 10-day period during the year ending on such date; or all of the unvested Options will vest if the Common Stock has traded at $5.00 or more for a 10-day period during the year ending on such date; and (b) on 10/21/11, 1/3 of the unvested Options will vest if the Common Stock has traded at $2.75 or more for a 10-day period during the two years ending on such date; 2/3 of the unvested Options will vest if the Common Stock has traded at $3.75 or more for a 10-day period during the two years ending on such date; or all of the unvested Options will vest if the Common Stock has traded at $5.00 or more for a 10-day period during the year ending on such date.
- [F5]The option vests in three equal annual installments commencing June 11, 2011.
- [F6]Each restricted stock unit (an "RSU") represents a contingent right to receive one share of Common Stock; however, the Issuer has the discretion to settle in Common Stock or cash or a combination thereof.
- [F7]Vesting may accelerate as follows: (a) On 5/9/09, 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; 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 or 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; and (b) On 5/9/10, 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; 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 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.
- [F8]Vesting may accelerate as follows: (a) On 4/23/10, 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; 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 or 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; and (b) On 4/23/11, 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; 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 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.