4//SEC Filing
Martin John K 4
Accession 0001158172-19-000144
CIK 0001158172other
Filed
Jul 2, 8:00 PM ET
Accepted
Jul 3, 4:25 PM ET
Size
6.8 KB
Accession
0001158172-19-000144
Insider Transaction Report
Form 4
COMSCORE, INC.SCOR
Martin John K
Director
Transactions
- Award
Restricted Stock Units
2019-07-01+24,155→ 24,155 totalExercise: $0.00→ Common Stock (24,155 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
- [F2]This restricted stock unit award was granted pursuant to the terms of the comScore, Inc. 2018 Equity and Incentive Compensation Plan. This award, which represents compensation for the 2019-2020 director term, will vest in full on the earliest of (i) the date of the Company's 2020 annual meeting of stockholders, (ii) June 30, 2020, and (iii) the date of a change in control of the Company, subject in each case to the reporter's continued status as a member of the Company's Board of Directors on the vesting date. Vested units will be delivered in shares of common stock upon a separation from service or a change in control of the Company, as set forth in the applicable award notice.
- [F3]The number of shares subject to this restricted stock unit award was determined by dividing $250,000 by the closing market price of the Company's common stock on the original date of approval, May 22, 2019, which was $10.35. This represents a 48% reduction in the number of shares otherwise due to the reporter under the Company's previously disclosed director compensation program, which would have divided $250,000 by the closing market price of the common stock on the date of grant, which was $5.38. The Board of Directors elected on July 1, 2019 to use the higher price in order to further align directors' interests with those of the Company's stockholders.
Documents
Issuer
COMSCORE, INC.
CIK 0001158172
Entity typeother
Related Parties
1- filerCIK 0001383936
Filing Metadata
- Form type
- 4
- Filed
- Jul 2, 8:00 PM ET
- Accepted
- Jul 3, 4:25 PM ET
- Size
- 6.8 KB