Podolsky Boris 5
5 · CTC Media, Inc. · Filed Feb 16, 2010
Insider Transaction Report
Form 5
CTC Media, Inc.CTCM
Podolsky Boris
Chief Financial Officer
Transactions
- Award
Employee Stock Option (right to buy)
2007-12-10+400,000→ 1,000,000 totalExercise: $26.81Exp: 2017-12-10→ Common Stock (400,000 underlying) - Award
Employee Stock Option (right to buy)
2009-10-22+600,000→ 1,000,000 totalExercise: $16.80Exp: 2019-10-21→ Common Stock (600,000 underlying)
Footnotes (2)
- [F1]The option vested as to 100,000 shares on the first anniversary of the grant date and vests as to the balance in 12 equal quarterly installments thereafter.
- [F2]The option is divided into two equal tranches, tranche A and tranche B. Tranche B is further subdivided into three equal tranches, B-1, B-2 and B-3. The tranche A option vests as to 25% of the shares on October 22, 2010, the first anniversary of the grant date, and as to an additional 6.25% of the shares at the end of each successive three-month period following the first anniversary of the grant date until October 22, 2013, the fourth anniversary of the grant date. The tranche B option is subject to the achievement of performance objectives. The specific performance-based vesting criteria for the tranche B-1, B-2 and B-3 options for 2010, 2011, 2012 and 2013 will be set by the compensation committee of the issuer's Board of Directors by March 31 of each year.