Home/Filings/4/0001144204-13-010034
4//SEC Filing

Sabatino Michael 4

Accession 0001144204-13-010034

CIK 0000876883other

Filed

Feb 18, 7:00 PM ET

Accepted

Feb 19, 4:54 PM ET

Size

11.1 KB

Accession

0001144204-13-010034

Insider Transaction Report

Form 4
Period: 2013-02-14
Transactions
  • Tax Payment

    Class A Shares

    2013-02-14$12.70/sh15,411$195,720124,181 total
  • Award

    Restricted Stock (Class A Shares)

    2013-02-14+7,306139,592 total
Holdings
  • Stock Appreciation Rights

    Exercise: $3.72From: 2010-02-12Exp: 2014-02-12Class A Shares (128,205 underlying)
    128,205
  • Class A Shares

    132,286
  • Extraordinary Equity Value Appre. Restricted Stock Awards

    Exp: 2013-12-31Restricted Stock (45,000 underlying)
    45,000
Footnotes (5)
  • [F1]Includes shares of unvested Restricted Stock (Class A Shares) of the Issuer.
  • [F2]All 7,306 shares of Restricted Stock (Class A Shares) of the Issuer awarded on February 14, 2013 will vest on the third anniversary of issuance, subject to accelerated vesting in 2014 and/or 2015 if the Issuer achieves specified financial performance targets in 2013 and 2014, subject to the Reporting Person's continued employment.
  • [F3]A total of 26,867 Restricted Stock (Class A Shares) vested on February 14, 2013. The Reporting Person elected to have a total of 15,411Class A Shares withheld by the Issuer to satisfy tax withholding requirements.
  • [F4]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.
  • [F5]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
Feb 18, 7:00 PM ET
Accepted
Feb 19, 4:54 PM ET
Size
11.1 KB