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Sabatino Michael 4

Accession 0001144204-12-003707

CIK 0000876883other

Filed

Jan 23, 7:00 PM ET

Accepted

Jan 24, 4:32 PM ET

Size

9.2 KB

Accession

0001144204-12-003707

Insider Transaction Report

Form 4
Period: 2012-01-20
Transactions
  • Tax Payment

    Class A Shares

    2012-01-20$13.39/sh11,560$154,788110,291 total
Holdings
  • Class A Shares

    121,851
  • Stock Appreciation Rights

    Exercise: $3.72From: 2010-02-12Exp: 2014-02-12Class A Shares (128,205 underlying)
    128,205
  • Extraordinary Equity Value Appre. Restricted Stock Awards

    Exp: 2013-12-31Restricted Stock (45,000 underlying)
    45,000
Footnotes (4)
  • [F1]Includes shares of unvested Restricted Stock (Class A Shares) of the Issuer.
  • [F2]A total of 31,237 shares of Restricted Stock (Class A Shares) granted in 2010 and 2011 vested on January 20, 2012. The Reporting Person elected to have a total of 11,560 Class A Shares withheld by the Issuer to satisfy tax withholding requirements.
  • [F3]Stock Appreciation Rights ("SARs") granted February 12, 2009, all of which are vested as of January 20, 2012, and all expire on February 12, 2014. These SARs may be settled in cash or stock, at the discretion of the Issuer.
  • [F4]These Extraordinary Equity Value Appreciation Restricted Stock Awards ("EVARs") granted under the Issuer's EVARs program (previously disclosed by the Issuer on Form 8-K dated January 26, 2011) represent the right to receive shares of Restricted Stock 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.

Issuer

MDC PARTNERS INC

CIK 0000876883

Entity typeother

Related Parties

1
  • filerCIK 0001324169

Filing Metadata

Form type
4
Filed
Jan 23, 7:00 PM ET
Accepted
Jan 24, 4:32 PM ET
Size
9.2 KB