4//SEC Filing
Rapuano Lisa O'Dell 4
Accession 0001140361-12-029532
CIK 0001162315other
Filed
Jun 10, 8:00 PM ET
Accepted
Jun 11, 5:47 PM ET
Size
25.8 KB
Accession
0001140361-12-029532
Insider Transaction Report
Form 4
Rapuano Lisa O'Dell
Director
Transactions
- Award
Stock Option (right to buy)
2012-06-07+4,362→ 4,362 total(indirect: See)Exercise: $5.11Exp: 2012-06-07→ Common Stock (4,362 underlying) - Award
Common Stock
2012-06-07+1,639→ 798,537 total - Award
Common Stock
2012-06-07+808→ 392,910 total(indirect: See) - Award
Stock Option (right to buy)
2012-06-07+2,149→ 2,149 total(indirect: See)Exercise: $5.11Exp: 2012-06-07→ Common Stock (2,149 underlying)
Lane Five Partners GP LLC
Director
Transactions
- Award
Common Stock
2012-06-07+808→ 392,910 total(indirect: See) - Award
Stock Option (right to buy)
2012-06-07+4,362→ 4,362 total(indirect: See)Exercise: $5.11Exp: 2012-06-07→ Common Stock (4,362 underlying) - Award
Stock Option (right to buy)
2012-06-07+2,149→ 2,149 total(indirect: See)Exercise: $5.11Exp: 2012-06-07→ Common Stock (2,149 underlying) - Award
Common Stock
2012-06-07+1,639→ 798,537 total
Lane Five Capital Management, LP
Director
Transactions
- Award
Common Stock
2012-06-07+1,639→ 798,537 total - Award
Stock Option (right to buy)
2012-06-07+2,149→ 2,149 total(indirect: See)Exercise: $5.11Exp: 2012-06-07→ Common Stock (2,149 underlying) - Award
Common Stock
2012-06-07+808→ 392,910 total(indirect: See) - Award
Stock Option (right to buy)
2012-06-07+4,362→ 4,362 total(indirect: See)Exercise: $5.11Exp: 2012-06-07→ Common Stock (4,362 underlying)
Transactions
- Award
Common Stock
2012-06-07+808→ 392,910 total(indirect: See) - Award
Stock Option (right to buy)
2012-06-07+2,149→ 2,149 total(indirect: See)Exercise: $5.11Exp: 2012-06-07→ Common Stock (2,149 underlying) - Award
Common Stock
2012-06-07+1,639→ 798,537 total - Award
Stock Option (right to buy)
2012-06-07+4,362→ 4,362 total(indirect: See)Exercise: $5.11Exp: 2012-06-07→ Common Stock (4,362 underlying)
Footnotes (7)
- [F1]Lisa O'Dell Rapuano is a member of the Board of Directors of the issuer. As a director, on June 7, 2012, Ms. Rapuano was granted 2,447 restricted shares and 6,511 stock options, which vest and are exercisable on the terms described in this Form 4. These restricted shares and stock options are held for the benefit of the Fund (as defined below) and the Separately Managed Accounts (as defined below).
- [F2]Pursuant to a Restricted Stock Agreement with the Company dated as of June 7, 2012, this stock grant will vest on the first anniversary of the date of the award, or the occurrence of the Company's annual shareholder meeting following the date of the award, whichever shall occur first.
- [F3]Reflects the securities of the issuer owned by Lane Five Partners LP (the "Fund"). The Fund owns 796,898 of the shares of common stock directly and 1,639 shares indirectly. The Fund owns the stock options indirectly.
- [F4]Reflects securities of the issuer held in accounts managed separately (the "Separately Managed Accounts") by Lane Five Capital Management LP (the "Investment Manager").
- [F5]The Investment Manager acts as the investment manager of the Fund and the Separately Managed Accounts. Lane Five Capital Management, LLC is the general partner of the Investment Manager ("IM GP"). Lane Five Partners GP LLC is the general partner of the Fund (the "Fund General Partner"). Lisa O'Dell Rapuano is the managing member of the IM GP and the Fund General Partner.
- [F6]The Investment Manager, the IM GP, the Fund General Partner and Ms. Rapuano may each be deemed to indirectly beneficially own the shares of common stock held by the Fund and the Separately Managed Accounts. For purposes of this Form 4, the Investment Manager, the IM GP, the Fund General Partner and Ms. Rapuano each disclaims beneficial ownership of the shares of common stock beneficially owned by the Fund and the Separately Managed Accounts, except to the extent of their or her pecuniary interest therein.
- [F7]Pursuant to a Stock Option Agreement with the Company dated as of June 7, 2012, the stock options will vest and become exercisable in equal installments on June 7 in 2013, 2014, 2015 and 2016.
Documents
Issuer
AMBASSADORS GROUP INC
CIK 0001162315
Entity typeother
Related Parties
1- filerCIK 0001552003
Filing Metadata
- Form type
- 4
- Filed
- Jun 10, 8:00 PM ET
- Accepted
- Jun 11, 5:47 PM ET
- Size
- 25.8 KB