4//SEC Filing
Pell Richard 4
Accession 0000950103-10-001753
CIK 0001419178other
Filed
Jun 10, 8:00 PM ET
Accepted
Jun 11, 4:49 PM ET
Size
19.7 KB
Accession
0000950103-10-001753
Insider Transaction Report
Form 4
Pell Richard
DirectorChairman, CEO & CIO
Transactions
- Disposition to Issuer
Class A common stock
2010-06-09$16.46/sh−1,885,115$31,035,591→ 1,114,885 total - Exercise/Conversion
Class A common stock
2010-06-09+1,080,006→ 2,194,891 total - Exercise/Conversion
New Class A Units
2010-06-09−1,080,006→ 600,000 total→ Class A Common Stock (1,080,006 underlying) - Exercise/Conversion
Class A common stock
2010-06-09+3,119,994→ 3,119,994 total(indirect: By Trust) - Exercise/Conversion
Class B common stock
2010-06-09−3,119,994→ 0 total(indirect: By Trust)→ Class A Common Stock (3,119,994 underlying) - Exercise/Conversion
New Class A Units
2010-06-09−3,119,994→ 0 total(indirect: By Trust)→ Class A Common Stock (3,119,994 underlying) - Exercise/Conversion
Class B common stock
2010-06-09−1,080,006→ 600,000 total→ Class A Common Stock (1,080,006 underlying)
Footnotes (5)
- [F1]Pursuant to the Exchange Agreement (as amended), Mr. Pell exchanged 1,080,006 New Class A Units for 1,080,006 shares of Class A common stock on June 9, 2010. In connection therewith, on June 9, 2010, Mr. Pell delivered to the Issuer 1,080,006 shares of Class B common stock for cancellation.
- [F2]Pursuant to the Exchange Agreement (as amended), the Pell Family Trust exchanged 3,119,994 New Class A Units for 3,119,994 shares of Class A common stock on June 9, 2010. In connection therewith, on June 9, 2010, the Pell Family Trust delivered to the Issuer 3,119,994 shares of Class B common stock for cancellation.
- [F3]Held by the Pell Family Trust, a grantor retained annuity trust for which Mr. Pell serves as settlor and trustee.
- [F4]Pursuant to the Exchange Agreement, Mr. Pell is permitted to exchange New Class A Units at any time for Class A common stock on a one-for-one basis. Any Exchange is generally a taxable event for Mr. Pell. As a result, at any time following the expiration of the underwriters' lock-up (180 days after September 23, 2009), Mr. Pell is permitted to sell shares of Class A common stock in connection with any Exchange in an amount necessary to generate proceeds (after deducting discounts and commissions) sufficient to cover the taxes payable on such Exchange (the amount of shares permitted to be sold determined based upon the stock price on the date of Exchange, whether or not such shares are sold then or thereafter). (continued on footnote 5)
- [F5]In addition, Mr. Pell will be permitted to sell up to 20% of the remaining shares of Class A common stock that he owns (calculated assuming all New Class A Units have been Exchanged by him) on or after the first anniversary of September 23, 2009, and an additional 20% of such remaining shares of Class A common stock on or after each of the next four anniversaries.
Documents
Issuer
Artio Global Investors Inc.
CIK 0001419178
Entity typeother
Related Parties
1- filerCIK 0001472149
Filing Metadata
- Form type
- 4
- Filed
- Jun 10, 8:00 PM ET
- Accepted
- Jun 11, 4:49 PM ET
- Size
- 19.7 KB