4//SEC Filing
CC Media Holdings Inc 4
Accession 0001140361-12-048280
$IHRTCIK 0001400891operating
Filed
Nov 19, 7:00 PM ET
Accepted
Nov 20, 4:35 PM ET
Size
9.4 KB
Accession
0001140361-12-048280
Insider Transaction Report
Form 4
WALLS ROBERT H JR
Please see General Remarks.
Transactions
- Disposition to Issuer
Class A Common Stock
2012-11-19−34,006→ 120,000 total - Disposition to Issuer
Employee Stock Options (Right to Buy)
2012-11-19−100,000→ 0 totalExercise: $10.00Exp: 2020-12-31→ Class A Common Stock (100,000 underlying) - Tax Payment
Class A Common Stock
2012-11-19$3.01/sh−30,994$93,292→ 154,006 total
Footnotes (3)
- [F1]On October 22, 2012, the issuer granted to the reporting person 65,000 shares of fully-vested restricted stock (the "Additional Shares") pursuant to a tax assistance program being offered in connection with an option exchange program (the "Program"). On November 19, 2012, the issuer repurchased from the reporting person 30,994 of the Additional Shares to fund tax withholdings in connection with the Program and the reporting person forfeited the remaining 34,006 Additional Shares pursuant to the Program.
- [F2]The cancelled options provided for vesting in four equal annual installments beginning on December 31, 2011.
- [F3]On November 19, 2012, the issuer cancelled, pursuant to the Program, options granted to the reporting person on December 31, 2010. In exchange for these options, the reporting person retained a replacement share award of restricted stock, which was granted on October 22, 2012 and was reported on a Form 4 filed by the reporting person on October 24, 2012.
Documents
Issuer
CC Media Holdings Inc
CIK 0001400891
Entity typeoperating
Related Parties
1- filerCIK 0001400891
Filing Metadata
- Form type
- 4
- Filed
- Nov 19, 7:00 PM ET
- Accepted
- Nov 20, 4:35 PM ET
- Size
- 9.4 KB