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Swartzman Gavin 4

Accession 0001144204-11-013491

CIK 0000876883other
View on SEC.govCompany Profile

Filed

Mar 7, 7:00 PM ET

Accepted

Mar 8, 4:04 PM ET

Size

11.0 KB

Accession

0001144204-11-013491

Insider Transaction Report

Form 4
Period: 2011-03-04
MDC PARTNERS INCMDCA
Swartzman Gavin
Managing Director
Transactions
  • Tax Payment

    Class A Shares

    2011-03-04$17.86/sh−3,448$61,581→ 95,682 total
  • Award

    Restricted Stock Units (Class A Shares)

    2011-03-07+25,723→ 121,405 total
Holdings

  • Class A Shares

    99,130

  • Extraordinary Equity Value Appre. Restricted Stock Awards

    Exp: 2013-12-31→ Restricted Stock Units (45,000 underlying)
    45,000

  • Stock Appreciation Rights

    Exercise: $3.72From: 2010-02-12Exp: 2014-02-12→ Class A Shares (182,069 underlying)
    182,069
Footnotes (5)
  • [F1]Includes unvested Restricted Stock Units (Class A Shares) of the Issuer.
  • [F2]A total of 7,531 Restricted Stock Units (Class A Shares) granted in 2010 vested on March 4, 2011. The Reporting Person elected to have a total of 3,448 Class A Shares withheld by the Issuer to satisfy tax withholding requirements.
  • [F3]All 25,723 Restricted Stock Units (Class A Shares) of the Issuer awarded on March 7, 2011 will vest on the third anniversary of issuance, subject to accelerated vesting in 2012 and/or 2013 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, vested 33% on the first anniversary of the grant date, 33% vest on the second anniversary of the grant date, and 34% vest on the third anniversary of the grant date, and all expire on February 12, 2014. These SARs may be settled in cash or stock, at the discretion of the Issuer.
  • [F5]Extraordinary Equity Value Appreciation Restricted Stock Awards ("EVARs") under the Issuer's EVARs program (previously disclosed by the Issuer on Form 8-K dated January 26, 2011) represent the right to receive Restricted Stock Units on a one-to-one basis upon the Issuer's achievement of stock price targets equal to $20.00 (15,000 EVARs), $22.75 (15,000 EVARs) and $26.25 (15,000 EVARs), as described in greater detail in the EVAR Letter Agreement.

Documents

1 file

Issuer

MDC PARTNERS INC

CIK 0000876883

→
Entity typeother

Related Parties

1
  • filerCIK 0001355445

Filing Metadata

Form type
4
Filed
Mar 7, 7:00 PM ET
Accepted
Mar 8, 4:04 PM ET
Size
11.0 KB
View on SEC.gov