HEMISPHERE MEDIA GROUP, INC. 4
4 · HEMISPHERE MEDIA GROUP, INC. · Filed Oct 25, 2016
Insider Transaction Report
Form 4
Sokol Alan J.
DirectorChief Executive Officer
Transactions
- Other
Class A Common Stock
2016-10-21+44,538→ 601,091 total - Other
Warrants (Right to Purchase)
2016-10-21+3,300→ 3,300 totalExercise: $6.00From: 2013-04-04Exp: 2018-04-04→ Class A Common Stock (1,650 underlying)
Footnotes (3)
- [F1]Pro rata distribution from InterMedia Partners VII, L.P., of which the reporting person is a limited partner.
- [F2]Of these shares, 100,000 are restricted securities and 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 April 4, 2013.
- [F3]Pursuant to the terms of the warrant agreement, as amended by the Assignment, Assumption and Amendment of Warrant Agreement, a form of which was filed with the Securities and Exchange Commission as Annex B to the Company's Amendment No. 3 to its Registration Statement on Form S-4 filed on March 15, 2013, as subsequently amended, the warrants will expire on April 4, 2018 unless the Company is liquidated prior to such time.