4//SEC Filing
AMBASSADORS GROUP INC 4
Accession 0001140361-13-024565
CIK 0001162315operating
Filed
Jun 6, 8:00 PM ET
Accepted
Jun 7, 3:00 PM ET
Size
15.5 KB
Accession
0001140361-13-024565
Insider Transaction Report
Form 4
Transactions
- Award
Common Stock
2013-06-05+3,512→ 1,194,959 total - Award
Stock Option (right to buy)
2013-06-05+7,764→ 7,764 total(indirect: See)Exercise: $1.61Exp: 2023-06-05→ Common Stock (7,764 underlying)
Lane Five Partners GP LLC
Director
Transactions
- Award
Stock Option (right to buy)
2013-06-05+7,764→ 7,764 total(indirect: See)Exercise: $1.61Exp: 2023-06-05→ Common Stock (7,764 underlying) - Award
Common Stock
2013-06-05+3,512→ 1,194,959 total
Rapuano Lisa O'Dell
Director
Transactions
- Award
Common Stock
2013-06-05+3,512→ 1,194,959 total - Award
Stock Option (right to buy)
2013-06-05+7,764→ 7,764 total(indirect: See)Exercise: $1.61Exp: 2023-06-05→ Common Stock (7,764 underlying)
Lane Five Capital Management, LP
Director
Transactions
- Award
Common Stock
2013-06-05+3,512→ 1,194,959 total - Award
Stock Option (right to buy)
2013-06-05+7,764→ 7,764 total(indirect: See)Exercise: $1.61Exp: 2023-06-05→ Common Stock (7,764 underlying)
LANE FIVE PARTNERS L P
Director
Transactions
- Award
Common Stock
2013-06-05+3,512→ 1,194,959 total - Award
Stock Option (right to buy)
2013-06-05+7,764→ 7,764 total(indirect: See)Exercise: $1.61Exp: 2023-06-05→ Common Stock (7,764 underlying)
Footnotes (6)
- [F1]Lisa O'Dell Rapuano is a member of the Board of Directors of the issuer. As a director, on June 5, 2013, Ms. Rapuano was granted 3,512 restricted shares and 7,764 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 Lane Five Partners LP (the "Fund").
- [F2]Pursuant to a Restricted Stock Agreement with the Company dated as of June 5, 2013, 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 the Fund. The Fund owns 1,189,000 of the shares of common stock directly and 5,959 shares indirectly. The Fund owns 14,275 stock options indirectly, including the 7,764 options granted on June 5, 2013.
- [F4]The Investment Manager acts as the investment manager of the Fund. 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.
- [F5]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. 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, except to the extent of their or her pecuniary interest therein.
- [F6]Pursuant to a Stock Option Agreement with the Company dated as of June 5, 2013, the stock options will vest and become exercisable in equal installments on June 5 in 2014, 2015, 2016 and 2017.
Documents
Issuer
AMBASSADORS GROUP INC
CIK 0001162315
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001162315
Filing Metadata
- Form type
- 4
- Filed
- Jun 6, 8:00 PM ET
- Accepted
- Jun 7, 3:00 PM ET
- Size
- 15.5 KB