SFX Entertainment, INC 4
4 · SFX Entertainment, INC · Filed Oct 26, 2015
Insider Transaction Report
Form 4
Rosenstein Richard Jay
CFO & Chief Admin. Officer
Transactions
- Award
Options (right to buy)
2015-10-22+200,000→ 200,000 totalExercise: $1.00Exp: 2025-10-22→ Common Stock (200,000 underlying) - Award
Common Stock
2015-10-22+500,000→ 1,100,000 total
Footnotes (2)
- [F1]Of these restricted shares of common stock, 218,750 shares will vest on January 1, 2016, 62,500 shares will vest on July 1, 2016, and the remaining 218,750 shares will vest on January 1, 2017, subject to the Reporting Person's continued employment with the Issuer and as further provided in the Reporting Person's employment agreement with the Issuer.
- [F2]Of these options, 50,000 options vested immediately on the grant date and the remaining 150,000 options will vest in equal installments on each anniversary of the grant date, and as such, 50,000 options will vest on each of October 22, 2016, October 22, 2017 and October 22, 2018, subject to the Reporting Person's continued employment with the Issuer and as further provided in an option award agreement with the Issuer.