4//SEC Filing
FIRST MARBLEHEAD CORP 4
Accession 0001140361-13-024595
CIK 0001262279operating
Filed
Jun 6, 8:00 PM ET
Accepted
Jun 7, 4:07 PM ET
Size
19.6 KB
Accession
0001140361-13-024595
Insider Transaction Report
Form 4
Santo Gary F Jr
Managing Director
Transactions
- Exercise/Conversion
Common Stock
2013-06-05+43,750→ 293,581 total - Exercise/Conversion
Common Stock
2013-06-05+13,000→ 292,318 total - Exercise/Conversion
Common Stock
2013-06-05+30,000→ 318,079 total - Tax Payment
Common Stock
2013-06-05$1.19/sh−9,780$11,638→ 308,299 total - Exercise/Conversion
Restricted Stock Units
2013-06-05−43,750→ 0 total→ Common Stock (43,750 underlying) - Exercise/Conversion
Restricted Stock Units
2013-06-05−13,000→ 0 total→ Common Stock (13,000 underlying) - Exercise/Conversion
Restricted Stock Units
2013-06-05−30,000→ 0 total→ Common Stock (30,000 underlying) - Tax Payment
Common Stock
2013-06-05$1.25/sh−14,263$17,829→ 279,318 total - Tax Payment
Common Stock
2013-06-05$1.25/sh−4,239$5,299→ 288,079 total
Footnotes (4)
- [F1]Each restricted stock unit represents a contingent right to receive one share of common stock on the applicable vesting date.
- [F2]On April 21, 2010, the reporting person was granted 175,000 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date. The vesting of 43,750 restricted stock units was accelerated on June 5, 2013. Vested shares will be issued to the reporting person as soon as practicable.
- [F3]On September 1, 2011, the reporting person was granted 52,000 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the date of the grant. The vesting of 13,000 restricted stock units was accelerated on June 5, 2013. Vested shares will be issued to the reporting person as soon as practicable. In connection with the departure of the reporting person, the remaining unvested 26,000 restricted stock units were forfeited.
- [F4]On August 15, 2012, the reporting person was granted 120,000 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the date of the grant. The vesting of 30,000 restricted stock units was accelerated on June 5, 2013. Vested shares will be issued to the reporting person as soon as practicable. In connection with the departure of the reporting person, the remaining unvested 90,000 restricted stock units were forfeited.
Documents
Issuer
FIRST MARBLEHEAD CORP
CIK 0001262279
Entity typeoperating
Related Parties
1- filerCIK 0001262279
Filing Metadata
- Form type
- 4
- Filed
- Jun 6, 8:00 PM ET
- Accepted
- Jun 7, 4:07 PM ET
- Size
- 19.6 KB