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4//SEC Filing

Fifth Street Asset Management Inc. 4

Accession 0001144204-14-064479

CIK 0001611988operating

Filed

Oct 30, 8:00 PM ET

Accepted

Oct 31, 7:40 PM ET

Size

11.2 KB

Accession

0001144204-14-064479

Insider Transaction Report

Form 4
Period: 2014-10-29
Dimitrov Ivelin M.
Chief Investment Officer
Transactions
  • Award

    Option (right to buy)

    2014-10-29+1,054,2171,054,217 total
    Exercise: $18.70Exp: 2024-10-29Class A Common Stock (1,054,217 underlying)
  • Award

    Restricted Stock Units

    2014-10-29+191,176191,176 total
    Class A Common Stock (191,176 underlying)
  • Other

    Holdings LP Interests

    2014-10-29+606,500606,500 total
    Class A Common Stock (606,500 underlying)
Footnotes (5)
  • [F1]One-third of the total number of options will vest on each of the fourth, fifth and sixth anniversaries of the date of grant.
  • [F2]Each restricted stock unit represents a contingent right to receive one share of Class A common stock of Fifth Street Asset Management Inc. (the "Issuer").
  • [F3]One-third of the total number of restricted stock units will vest on each of the fourth, fifth and sixth anniversaries of the date of grant.
  • [F4]Represents limited partnership interests ("Holdings LP Interests") of Fifth Street Holdings L.P. ("Holdings") held by the Mr. Dimitrov. Such Holdings LP Interests vest monthly over eight years. Pursuant to the terms of the exchange agreement, dated as of October 29, 2014, by and among the Issuer, Holdings and the limited partners of Holdings party thereto, and subject to certain requirements and restrictions, the Holdings LP Interests are exchangeable for shares of Class A common stock on a one-for-one basis, from and after the the second anniversary of the closing of the Issuer's initial public offering. After such time, Mr. Dimitrov will be permitted to exchange the vested portion of his Holdings LP Interests, subject to certain conditions of call or forfeiture.
  • [F5]These Holdings LP Interests were acquired as a result of the reorganization as described in the Registration Statement on Form S-1 (File No. 333-198613), as amended, filed by the Issuer with the U.S. Securities and Exchange Commission on September 8, 2014.

Issuer

Fifth Street Asset Management Inc.

CIK 0001611988

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001611988

Filing Metadata

Form type
4
Filed
Oct 30, 8:00 PM ET
Accepted
Oct 31, 7:40 PM ET
Size
11.2 KB