TW Media Holdings LLC 4
4 · CENTRAL EUROPEAN MEDIA ENTERPRISES LTD · Filed Apr 26, 2018
Insider Transaction Report
Form 4
TIME WARNER INC.
Director10% Owner
Transactions
- Exercise of In-Money
Class A Common Stock
2018-04-25$24104472.00/sh+24,104,472$581,025,570,398,784→ 132,334,771 total(indirect: By Subsidiary) - Exercise of In-Money
Class A Common Stock
2018-04-25$23700000.00/sh+23,700,000$561,690,000,000,000→ 23,700,000 total - Exercise of In-Money
Class A Common Stock
2018-04-25$46822524.00/sh+46,822,524$2,192,348,753,730,576→ 108,230,299 total(indirect: By Subsidiary) - Exercise of In-Money
Class A Common Stock Warrant (right to buy)
2018-04-25−46,822,524→ 0 total(indirect: By Subsidiary)Exercise: $1.00From: 2016-05-02Exp: 2018-05-02→ Class A Common Stock (46,822,524 underlying) - Exercise of In-Money
Class A Common Stock
2018-04-25$6300000.00/sh+6,300,000$39,690,000,000,000→ 138,634,771 total(indirect: By Subsidiary) - Exercise of In-Money
Class A Common Stock Warrant (right to buy)
2018-04-25−6,300,000→ 0 total(indirect: By Subsidiary)Exercise: $1.00From: 2016-05-02Exp: 2018-05-02→ Class A Common Stock (6,300,000 underlying) - Exercise of In-Money
Class A Common Stock Warrant (right to buy)
2018-04-25−24,104,472→ 0 total(indirect: By Subsidiary)Exercise: $1.00From: 2016-05-02Exp: 2018-05-02→ Class A Common Stock (24,104,472 underlying) - Exercise of In-Money
Class A Common Stock Warrant (right to buy)
2018-04-25−23,700,000→ 0 totalExercise: $1.00From: 2016-05-02Exp: 2018-05-02→ Class A Common Stock (23,700,000 underlying)
Footnotes (3)
- [F1]Time Warner Inc. ("Time Warner") and Time Warner Media Holdings B.V. ("TW Holdings B.V.") have executed and delivered a Standing Proxy/Authorization pursuant to which the independent directors of Central European Media Enterprises Ltd. (the "Issuer") will be directed to vote the shares of Class A Common Stock acquired by Time Warner and TW Holdings B.V. through the exercise of warrants on April 25, 2018 in accordance with the instructions contained in the Standing Proxy/Authorization. The Standing Proxy/Authorization cannot be revoked for a period of two years and may be extended for one additional year.
- [F2]Time Warner and TW Holdings B.V. acquired the warrants on May 2, 2014 in connection with financing transactions undertaken by the Issuer.
- [F3]TW Holdings B.V. is a wholly owned subsidiary of TW Media Holdings LLC, whose interests are held by Time Warner and another subsidiary of Time Warner.