PRIMEDIA INC 4
4 · PRIMEDIA INC · Filed Oct 2, 2007
Insider Transaction Report
Form 4
PRIMEDIA INCPRM
GOLKIN PERRY
Director
Transactions
- Purchase
Common Stock, par value $0.01 per share
2007-09-28$14.04/sh+979.345$13,750→ 28,468.807 total
Footnotes (5)
- [F1]As Director of PRIMEDIA Inc. ("PRIMEDIA"), the reporting person has elected to have his director's fee paid in Common Stock, par value $0.01 per share, of PRIMEDIA ("Common Stock"). The Common Stock acquired by the reporting person represents shares of Common Stock credited in lieu of payment of director's fees for the quarter ended September 28, 2007.
- [F2]Quarterly director's fees are $13,750. The per share price used in the calculation of total shares of Common Stock credited for the quarter ended June 29, 2007 was $ per share, the closing price of the Common Stock on the New York Stock Exchange on September 28, 2007.
- [F3]In addition, 5,754,000 shares of Common Stock are held by Magazine Associates, L.P., 5,635,773 shares of Common Stock are held by MA Associates, L.P., 2,533,333 shares of Common Stock are held by FP Associates, L.P., 1,562,500 shares of Common Stock are held by Publishing Associates, L.P., 2,083,333 shares of Common Stock are held by Channel One Associates, L.P. and 245,437 shares of Common Stock are held by KKR Partners II, L.P. The general partner of each of Magazine Associates, L.P., MA Associates, L.P., FP Associates, L.P., Publishing Associates, L.P., Channel One Associates, L.P. and KKR Partners II, L.P. is KKR Associates, L.P. Mr. Golkin is a general partner of KKR Associates, L.P. All share and share price amounts reflect a 1 for 6 reverse stock split effected by PRIMEDIA Inc. on August 1, 2007.
- [F4]Continued from footnote 3: In addition, 8,198,340 shares of Common Stock are owned by KKR 1996 Fund L.P. The general partner of KKR 1996 Fund L.P. is KKR Associates 1996 L.P. The general partner of KKR Associates 1996 L.P. is KKR 1996 GP LLC. Mr. Golkin is a member of KKR 1996 GP LLC. Mr. Golkin disclaims beneficial ownership of the securities described in these footnotes 3 and 4, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. All share and share price amounts reflect a 1 for 6 reverse stock split effected by PRIMEDIA Inc. on August 1, 2007.
- [F5]All share and share price amounts reflect a 1 for 6 reverse stock split effected by PRIMEDIA Inc. on August 1, 2007.