Engelman John 4
4 · HEMISPHERE MEDIA GROUP, INC. · Filed May 20, 2013
Insider Transaction Report
Form 4
Engelman John
Director
Transactions
- Award
CLASS A COMMON STOCK
2013-05-16+6,667→ 51,667 total
Footnotes (2)
- [F1]Represents restricted stock granted pursuant to the Hemisphere Media Group, Inc. 2013 Equity Incentive Plan. The restricted stock will vest on the day preceding Hemisphere Media Group, Inc.'s (the "Company") 2014 annual meeting, subject to the reporting person's continued service as a director on such vesting date.
- [F2]Of these shares, (i) 7,576 and 2,500 shares of the Company's Class A common stock subject to forfeiture in the event the last sales price of Hemisphere Class A common does not equal or exceed $15.00 per share for any 20 trading days within at least one 30-trading day period within 36 and 60 months, respectively, of April 4, 2013 and (ii) 7,130 and 2,500 shares of the Company's Class A common stock subject to forfeiture in the event the last sales price of Hemisphere Class A common does not equal or exceed $12.50 per share for any 20 trading days within at least one 30-trading day period within 36 and 60 months, respectively, of April 4, 2013.