4//SEC Filing
Conru Andrew B. 4
Accession 0001178858-11-000008
CIK 0001451951other
Filed
May 12, 8:00 PM ET
Accepted
May 13, 2:37 PM ET
Size
8.3 KB
Accession
0001178858-11-000008
Insider Transaction Report
Form 4
Conru Andrew B.
10% Owner
Transactions
- Award
Stock Option
2011-05-11−37,500→ 8,348,263 totalExercise: $10.00Exp: 2018-07-07→ Common Stock (37,500 underlying) - Other
Non-Cash Pay Second Lien Notes
2011-05-11→ 8,310,763 total(indirect: By Trust)Exercise: $10.00→ Common Stock (8,310,763 underlying)
Footnotes (2)
- [F1](1) The conversion price of the Non-Cash Pay Second Lien Notes became fixed on May 11, 2011 at the initial public offering price of the Issuer's common stock. Conversion is permitted beginning at the consummation of the initial public offering and until redemption or satisfaction of the Notes. The maximum number of shares of common stock into which all outstanding Notes are convertible is 8,310,763. If other Noteholders elect to convert their Notes, the Reporting Person may be permitted to convert less Notes and acquire fewer shares.
- [F2](2) The option becomes first exercisable 18 months after the Issuer's initial public offering at an exercise price equal to the initial public offering price. The option was 40% vested at the initial public offering date and vests as to an additional 20% on July 7 of 2011, 2012 and 2013 unless sooner terminated in accordance with the option plan.
Documents
Issuer
FriendFinder Networks Inc.
CIK 0001451951
Entity typeother
Related Parties
1- filerCIK 0001520331
Filing Metadata
- Form type
- 4
- Filed
- May 12, 8:00 PM ET
- Accepted
- May 13, 2:37 PM ET
- Size
- 8.3 KB