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4//SEC Filing

Fischer Craig D. 4

Accession 0000950142-13-000885

CIK 0001567345other

Filed

Apr 10, 8:00 PM ET

Accepted

Apr 11, 4:56 PM ET

Size

8.4 KB

Accession

0000950142-13-000885

Insider Transaction Report

Form 4
Period: 2013-04-09
Fischer Craig D.
Chief Financial Officer
Transactions
  • Award

    EMPLOYEE STOCK OPTION (RIGHT TO BUY)

    2013-04-09+300,000300,000 total
    Exercise: $10.20Exp: 2023-04-09CLASS A COMMON STOCK (300,000 underlying)
  • Award

    CLASS A COMMON STOCK

    2013-04-10+250,000250,000 total
Footnotes (2)
  • [F1]The shares of Class A common stock, par value $0.0001 per share, are restricted securities and will vest as follows: subject to certain exceptions, 150,000 shares will vest in equal annual installments on each of the first three (3) anniversaries of April 4, 2013 (the "Effective Time"); 50,000 shares will vest upon the fair market value of Hemisphere Media Group, Inc.'s (the "Company") Class A common stock reaching or exceeding $12.50 per share on at least ten trading days (which need not be consecutive) following the Effective Time; and 50,000 shares will vest upon the fair market value of the Company's Class A common stock price reaching or exceeding $15.00 per share on at least ten trading days (which need not be consecutive) following the Effective Time.
  • [F2]The employee stock options will vest as follows: subject to certain exceptions, 250,000 options will vest in equal annual installments on each of the first three (3) anniversaries of the Effective Time; 25,000 options will vest upon the fair market value of the Company's Class A common stock reaching or exceeding $12.50 per share on at least ten trading days (which need not be consecutive) following the Effective Time; and 25,000 shares will vest upon the fair market value of the Company's Class A common stock price reaching or exceeding $15.00 per share on at least ten trading days (which need not be consecutive) following the Effective Time.

Issuer

HEMISPHERE MEDIA GROUP, INC.

CIK 0001567345

Entity typeother

Related Parties

1
  • filerCIK 0001573404

Filing Metadata

Form type
4
Filed
Apr 10, 8:00 PM ET
Accepted
Apr 11, 4:56 PM ET
Size
8.4 KB