4//SEC Filing
Heiland K. Peter 4
Accession 0001144204-13-000203
CIK 0001076700other
Filed
Jan 1, 7:00 PM ET
Accepted
Jan 2, 5:39 PM ET
Size
6.6 KB
Accession
0001144204-13-000203
Insider Transaction Report
Form 4
Heiland K. Peter
Director
Transactions
- Disposition to Issuer
Common Stock
2012-12-28−38,585→ 28,939 total
Holdings
- 4,397,000(indirect: See Footnote)
Common Stock
Footnotes (3)
- [F1]28,939 shares were awarded as an initial sign-on grant for service as a director and 38,585 shares of restricted stock, vesting over 4 years, were issued as an annual award for service as a director. On December 28, 2012, Mr. Heiland and the Issuer agreed that the restricted stock grant would be rescinded by the Issuer, effective immediately, which is during the same tax year as the grant, such that the parties have been returned to the same position as if the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.
- [F2]On June 11, 2012, Mr. Heiland, JEC II Associates, LLC ("JEC"), and JEC Capital Partners, LLC ("JEC Capital") ceased to be members of a 10% owner group. On August 9, 2012, Mr. Heiland, the reporting person, became director of the Issuer.
- [F3]Shares are owned directly by JEC and indirectly by Mr. Heiland. Mr. Heiland is the managing partner of JEC Capital, which serves as an investment advisor to JEC. Mr. Heiland disclaims beneficial ownership in the securities, except to the extent of his indirect pecuniary interest therein.
Documents
Issuer
KIT digital, Inc.
CIK 0001076700
Entity typeother
Related Parties
1- filerCIK 0001477355
Filing Metadata
- Form type
- 4
- Filed
- Jan 1, 7:00 PM ET
- Accepted
- Jan 2, 5:39 PM ET
- Size
- 6.6 KB