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HAMAIDE FABRICE 4

Accession 0001144204-13-000201

CIK 0001076700other

Filed

Jan 1, 7:00 PM ET

Accepted

Jan 2, 5:38 PM ET

Size

6.3 KB

Accession

0001144204-13-000201

Insider Transaction Report

Form 4
Period: 2012-12-28
HAMAIDE FABRICE
CHIEF FINANCIAL OFFICER
Transactions
  • Disposition to Issuer

    Shares of Restricted Common Stock

    2012-12-28200,0000 total
    Exp: 2015-07-16Common Stock (0 underlying)
Footnotes (1)
  • [F1]The securities are time-based Restricted Stock Units awarded by the Issuer, and vest over a period of three (3) years in 12 equal quarterly installments, such installments commencing 90 days after the grant of said securities, with full acceleration of vesting upon a termination by the Issuer without cause, and in accordance with the terms of the Issuer's 2008 Incentive Stock Plan and the form of restricted stock grant agreement with respect to such award.21,480 shares of restricted common stock were awarded as an initial sign-on grant for service as a director. On December 28, 2012, the reporting person and the Issuer agreed that the restricted stock grants would be rescinded by the Issuer, effective immediately, which is during the same tax year as the grant, such that the parties have been returned to the same position as if the restricted stock grants had never occurred.

Issuer

KIT digital, Inc.

CIK 0001076700

Entity typeother

Related Parties

1
  • filerCIK 0001554303

Filing Metadata

Form type
4
Filed
Jan 1, 7:00 PM ET
Accepted
Jan 2, 5:38 PM ET
Size
6.3 KB