Maynulet Javier Jose 4
4 · HEMISPHERE MEDIA GROUP, INC. · Filed Dec 4, 2018
Insider Transaction Report
Form 4
Maynulet Javier Jose
Officer of Subsidiary Division
Transactions
- Tax Payment
CLASS A COMMON STOCK
2018-12-01$13.87/sh−6,482$89,905→ 48,518 total
Footnotes (3)
- [F1]In accordance with the Hemisphere Media Group, Inc. (the "Company") Amended and Restated 2013 Equity Incentive Plan (the "Plan"), the Reporting Person returned shares of the Company's Class A common stock, par value $0.0001 per share ("Class A common stock") to the Company for the purpose of paying the Reporting Person's withholding taxes due upon the vesting of restricted shares of Class A common stock previously awarded to the Reporting Person under the Plan. The disposition is exempt in accordance with Rule 16b-3.
- [F2]The fair market value of the Class A common stock at the close of trading on November 30, 2018, the last trading day prior to December 1, 2018, the date of vesting, was used to calculate the number of shares deducted to satisfy the Reporting Person's tax withholding obligations.
- [F3]Of these shares, 36,666 are restricted securities and will vest, subject to certain exceptions, in equal annual installments on the second and third anniversary of December 1, 2017.