HEMISPHERE MEDIA GROUP, INC. 4
4 · HEMISPHERE MEDIA GROUP, INC. · Filed May 19, 2017
Insider Transaction Report
Form 4
Frey Andrew
Director
Transactions
- Award
CLASS A COMMON STOCK
2017-05-17+9,009→ 9,009 total - Other
CLASS A COMMON STOCK
2017-05-17−9,009→ 0 total
Footnotes (2)
- [F1]Represents restricted shares of Hemisphere Media Group, Inc. (the "Company") Class A common stock, par value $0.0001 per share ("Common Stock") granted to Mr. Frey in connection with his service on the Company's Board of Directors pursuant to the Hemisphere Media Group, Inc. Amended and Restated 2013 Equity Incentive Plan. The number of restricted shares was calculated by dividing $100,000 by the closing share price of the Common Stock on May 17, 2017, the date of grant. The restricted stock will vest on the day preceding the Company's 2018 annual meeting, subject to Mr. Frey's continued service as a director on such vesting date.
- [F2]All restricted shares referred to in the preceding note 1 were transferred by Mr. Frey and are owned by Searchlight Capital Partners, LP, a Delaware limited partnership ("SCP LP"). See Remarks below.