4//SEC Filing
Swartzman Gavin 4
Accession 0001144204-11-043646
CIK 0000876883other
Filed
Aug 2, 8:00 PM ET
Accepted
Aug 3, 3:17 PM ET
Size
9.1 KB
Accession
0001144204-11-043646
Insider Transaction Report
Form 4
MDC PARTNERS INCMDCA
Swartzman Gavin
Managing Director
Transactions
- Purchase
Class A Shares
2011-08-03$18.08/sh+300$5,424→ 104,205 total
Holdings
- 45,000
Extraordinary Equity Value Appre. Restricted Stock Awards
Exp: 2013-12-31→ Restricted Stock Units (45,000 underlying) - 182,069
Stock Appreciation Rights
Exercise: $3.72From: 2010-02-12Exp: 2014-02-12→ Class A Shares (182,069 underlying)
Footnotes (5)
- [F1]Includes unvested Restricted Stock Units (Class A Shares) of the Issuer.
- [F2]Represents open market purchases.
- [F3]The price reported in column 4 has been converted from Canadian dollars. The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from CAD$17.40 to CAD$17.44, inclusive. The reporting person undertakes to provide to MDC Partners Inc., any security holder of MDC Partners Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote (3) to this Form 4.
- [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
Issuer
MDC PARTNERS INC
CIK 0000876883
Entity typeother
Related Parties
1- filerCIK 0001355445
Filing Metadata
- Form type
- 4
- Filed
- Aug 2, 8:00 PM ET
- Accepted
- Aug 3, 3:17 PM ET
- Size
- 9.1 KB