Swartzman Gavin 4
4 · MDC PARTNERS INC · Filed Mar 11, 2010
Insider Transaction Report
Form 4
MDC PARTNERS INCMDCA
Swartzman Gavin
Managing Director
Transactions
- Tax Payment
Class A Shares
2010-03-04$10.12/sh−7,686$77,782→ 102,612 total - Award
Restricted Stock Units (Class A Shares)
2010-03-11+1,202→ 103,814 total
Holdings
- 110,298
Class A Shares
- 182,069
Stock Appreciation Rights
Exercise: $3.72From: 2010-02-12Exp: 2014-02-12→ Class A Shares (182,069 underlying)
Footnotes (4)
- [F1]Includes unvested Restricted Stock Units (Class A Shares) of the Issuer.
- [F2]A total of 15,728 Restricted Stock Units (Class A Shares) of the Issuer granted in 2008 vested on March 4, 2010. The Reporting Person elected to have a total of 7,686 Class A Shares withheld to satisfy tax withholding requirements.
- [F3]The Restricted Stock Units (Class A Shares) ("RSUs") of the Issuer awarded on March 11, 2010 will vest on March 11, 2013, subject to accelerated vesting in 2011 and / or 2012, if the Issuer achieves specified financial performance targets in 2011 and 2012, subject to the Reporting Person's continued employment.
- [F4]Stock Appreciation Rights ("SARs") granted February 12, 2009, vest 33% on the first anniversary of the grant date, 33% on the second anniversary of the grant date, and 34% on the third anniversary of the grant date, and expire on February 12, 2014. These SARs may be settled in cash or stock, at the discretion of the Issuer.