4//SEC Filing
NADAL MILES 4
Accession 0001144204-12-012848
CIK 0000876883other
Filed
Mar 4, 7:00 PM ET
Accepted
Mar 5, 2:00 PM ET
Size
8.9 KB
Accession
0001144204-12-012848
Insider Transaction Report
Form 4
MDC PARTNERS INCMDCA
NADAL MILES
DirectorChairman, CEO and President
Transactions
- Purchase
Class A Shares
2012-03-02$13.46/sh+10,000$134,600→ 5,091,210 total
Holdings
- 2,083,333
Stock Appreciation Rights
Exercise: $3.72From: 2010-02-12Exp: 2014-02-12→ Class A Shares (2,083,333 underlying) - 900,000
Extraordinary Equity Value Appre. Restricted Stock Awards
Exp: 2013-12-31→ Restricted Stock Units (900,000 underlying)
Footnotes (4)
- [F1]Includes unvested Restricted Stock Units (Class A Shares) of the Issuer ("RSUs").
- [F2]The share price reported in column 4 is a weighted average price of open market purchases. These shares were purchased in multiple transactions at prices ranging from $13.30 to $13.50 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 sold at each separate price within the range set forth in footnote (2) to this Form 4.
- [F3]A total of 2,083,333 Stock Appreciation Rights ("SARs") were granted February 12, 2009, all of which are vested as of January 20, 2012, and all such SARs 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 Restricted Stock Units on a one-to-one basis upon the Issuer's achievement of stock price targets equal to $20.00 (300,000 EVARs), $22.75 (300,000 EVARs) and $26.25 (300,000 EVARs), as described in greater detail in the EVAR Letter Agreement.
Documents
Issuer
MDC PARTNERS INC
CIK 0000876883
Entity typeother
Related Parties
1- filerCIK 0001283589
Filing Metadata
- Form type
- 4
- Filed
- Mar 4, 7:00 PM ET
- Accepted
- Mar 5, 2:00 PM ET
- Size
- 8.9 KB