IMAGE ENTERTAINMENT INC 4
4 · IMAGE ENTERTAINMENT INC · Filed Oct 5, 2012
Insider Transaction Report
Form 4
HYDE JOHN W
DirectorVice Chairman
Transactions
- Disposition to Issuer
Common Stock
2012-10-03−841,466→ 6,758,384 total(indirect: By Producers Sales Organization) - Disposition to Issuer
Common Stock
2012-10-03−6,758,384→ 0 total(indirect: By Producers Sales Organization) - Disposition to Issuer
Restricted Common Stock Award (C)
2012-10-03−301,334→ 0 total - Disposition to Issuer
Restricted Common Stock Award (A&B)
2012-10-03−4,172,038→ 4,125,393 total - Disposition to Issuer
Restricted Common Stock Award (A&B)
2012-10-03−4,125,393→ 0 total - Disposition to Issuer
Stock Option (right to buy) (A,B&C)
2012-10-03−4,226,652→ 0 totalExercise: $0.20From: 2012-10-03Exp: 2020-11-19→ Common Stock (4,226,652 underlying)
Footnotes (5)
- [F1]Shares of common stock contributed to the Company for no consideration and cancelled immediately prior to the effective time of the merger (the "Merger") of Image Entertainment, Inc. (the "Company") with RLJ Merger Sub II, Inc., a wholly-owned subsidiary of RLJ Entertainment, Inc. ("Holdings").
- [F2]Each share disposed of in exchange for .00972 shares of common stock of Holdings in connection with the Merger. On the effective date of the Merger, the closing price of the Company common stock was $0.04 per share. On the first day of trading following completion of the Merger, the opening price of the Holdings common stock was $8.10 per share.
- [F3]Restricted stock awards forfeited to the Company without payment and cancelled immediately prior to the effective time of the Merger.
- [F4]Stock options terminated at the effective time of the Merger.
- [F5]Common stock held by Producers Sales Organization, the Reporting Person's wholly owned consulting business.