HEMISPHERE MEDIA GROUP, INC. 4
4 · HEMISPHERE MEDIA GROUP, INC. · Filed Nov 15, 2016
Insider Transaction Report
Form 4
Fischer Craig D.
Chief Financial Officer
Transactions
- Award
Class A Common Stock
2016-11-10+75,000→ 276,655 total - Award
EMPLOYEE STOCK OPTION (RIGHT TO BUY)
2016-11-10+150,000→ 450,000 totalExercise: $11.90Exp: 2026-11-10→ Class A Common Stock (150,000 underlying)
Footnotes (5)
- [F1]Represents restricted shares of Class A common stock, par value $0.0001 per share ("Class A common stock"), granted pursuant to the Hemisphere Media Group, Inc. Amended and Restated 2013 Equity Incentive Plan (the "Equity Plan"). The restricted stock will vest, subject to certain exceptions, in equal annual installments on each of the first three (3) anniversaries of April 5, 2016 (the "Effective Date").
- [F2]Of these shares, 25,000 are restricted securities which will vest upon the fair market value of the 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]Represents options to purchase shares of Class A common stock granted pursuant to the Equity Plan.
- [F4]The employee stock options will vest, subject to certain exceptions, in equal annual installments on each of the first three (3) anniversaries of the Effective Date.
- [F5]Of these shares, 25,000 stock options will vest upon the fair market value of the 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.