4//SEC Filing
IMAGE ENTERTAINMENT INC 4
Accession 0001140361-10-046699
CIK 0000216324operating
Filed
Nov 18, 7:00 PM ET
Accepted
Nov 19, 7:56 PM ET
Size
19.9 KB
Accession
0001140361-10-046699
Insider Transaction Report
Form 4
HYDE JOHN W
DirectorVice Chairman
Transactions
- Award
Restricted Common Stock Award (B)
2010-11-19+1,311,126→ 8,297,431 total - Conversion
Common Stock
2010-11-18+7,599,850→ 16,198,615 total - Award
Stock Option (right to buy) (A)
2010-11-19+1,564,864→ 1,564,864 totalExercise: $0.20From: 2011-01-08Exp: 2020-11-19→ Common Stock (1,564,864 underlying) - Award
Stock Option (right to buy) (C)
2010-11-19+1,835,790→ 1,835,790 totalExercise: $0.20Exp: 2020-11-19→ Common Stock (1,835,790 underlying) - Conversion
Series C Junior Participating Preferred Stock
2010-11-18+7,599.85→ 0 totalFrom: 2010-04-14→ Common Stock (7,599,850 underlying) - Award
Restricted Common Stock Award (C)
2010-11-19+301,334→ 8,598,765 total - Award
Restricted Common Stock Award (A)
2010-11-19+6,986,305→ 6,986,305 total - Award
Stock Option (right to buy) (B)
2010-11-19+825,998→ 825,998 totalExercise: $0.20Exp: 2020-11-19→ Common Stock (825,998 underlying)
Footnotes (6)
- [F1]Award granted in satisfaction of a prior contractual agreement by the issuer with the reporting person under a consulting agreement entered into in April 2010 to grant such award.
- [F2]Shares vest and cease to be subject to forfeiture upon continued service and/or satisfaction of certain performance-related conditions (including stock price achievement) or other conditions applicable to the award.
- [F3]The Series C Junior Participating Preferred Stock ("Series C Preferred Stock") automatically converted into shares of common stock at a ratio of 1,000 shares of common stock for each share of Series C Preferred Stock on November 18, 2010, the date that sufficient authorized but unissued common stock became available to convert all outstanding Series C Preferred Stock into common stock. The Series C Preferred Stock had no expiration date.
- [F4]25% vests on January 8, 2011 and 6.25% vests each three-month period thereafter (vesting round up to nearest whole share). 100% vested on January 8, 2014.
- [F5]100% vested upon the earlier of (i) the date the stock's fair market value equals or exceeds $0.0773 for any 20 out of 30 consecutive trading days on or after January 8, 2012, (ii) a change in control in which the stock's equity value equals or exceeds $0.0733 per share, or (iii) January 8, 2019.
- [F6]100% vested upon the earlier of (i) the date the stock's fair market value equals or exceeds $0.19 for any 20 out of 30 consecutive trading days on or after January 8, 2013 (ii) a change in control in which the stock's equity value equals or exceeds $0.19 per share, or (iii) January 8, 2019.
Documents
Issuer
IMAGE ENTERTAINMENT INC
CIK 0000216324
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000216324
Filing Metadata
- Form type
- 4
- Filed
- Nov 18, 7:00 PM ET
- Accepted
- Nov 19, 7:56 PM ET
- Size
- 19.9 KB