Swartzman Gavin 4
4 · MDC PARTNERS INC · Filed Aug 22, 2012
Insider Transaction Report
Form 4
MDC PARTNERS INCMDCA
Swartzman Gavin
Managing Director
Transactions
- Sale
Class A Shares
2012-08-21$9.50/sh−6,240$59,280→ 85,090 total - Sale
Class A Shares
2012-08-20$9.50/sh−9,505$90,298→ 91,330 total
Holdings
- 182,069
Stock Appreciation Rights
Exercise: $3.72From: 2010-02-12Exp: 2014-02-12→ Class A Shares (182,069 underlying) - 45,000
Extraordinary Equity Value Appre. Restricted Stock Awards
Exp: 2013-12-31→ Restricted Stock Units (45,000 underlying)
Footnotes (3)
- [F1]Includes unvested Restricted Stock Units (Class A Shares) of the Issuer.
- [F2]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.
- [F3]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.