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4//SEC Filing

MASSIE THOMAS HENRY 4

Accession 0001179110-10-009353

CIK 0000760326other

Filed

May 25, 8:00 PM ET

Accepted

May 26, 9:08 PM ET

Size

12.5 KB

Accession

0001179110-10-009353

Insider Transaction Report

Form 4
Period: 2010-05-24
MASSIE THOMAS HENRY
Director10% Owner
Transactions
  • Award

    Restricted Stock Units

    2010-05-25+16,75016,750 total
    Common Stock (16,750 underlying)
  • Tax Payment

    Common Stock

    2010-05-24$5.91/sh3,485$20,59619,402 total
Holdings
  • Common Stock

    (indirect: See footnote)
    3,235,902
  • Common Stock

    (indirect: See footnote)
    8,125
  • Common Stock

    (indirect: See footnote)
    2,673,620
  • Common Stock

    (indirect: See footnote)
    93,655
Footnotes (8)
  • [F1]9,891 shares vested on May 24, 2010. 3,485 of the vested shares were forfeited to the Company in lieu of withholding taxes.
  • [F2]Owned directly by the Massie Family Trust dated May 23, 2007, in which Thomas H. Massie and his wife are Co-Trustees (sharing investment and voting control over the securities) and Co-Beneficiaries. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
  • [F3]Owned directly by Musk Ox Investments, L.P., a Nevada limited partnership, in which Perry T. Massie and Thomas H. Massie are General Partners (sharing investment and voting control over the securities). The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
  • [F4]Owned directly by The Wilma M. Massie Trust dated June 3, 1994, in which Thomas H. Massie and Perry T. Massie are Co-Trustees (sharing investment and voting control over the securities) and Co-Beneficiaries. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
  • [F5]Owned directly by Musk Ox Properties, L.P., a Nevada limited partnership, in which Perry T. Massie and Thomas H. Massie are General Partners, sharing investment and voting control over the securities. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
  • [F6]Each restricted stock unit represents the contingent right to receive one share of Common Stock.
  • [F7]The reporting person received an award of 16,750 restricted stock units on May 25, 2010, which shall vest 100% on May 25, 2011, so long as the reporting person continued to serve on the Board of Directors during the prior year; provided, however, that upon a Change in Control (as defined in the Plan), the vesting of all restricted stock units shall accelerate, regardless of whether the aforementioned vesting requirements have been satisfied. Upon vesting, the vested units will automatically be converted to vested common stock on a one-for-one basis.
  • [F8]Not applicable.

Issuer

OUTDOOR CHANNEL HOLDINGS INC

CIK 0000760326

Entity typeother

Related Parties

1
  • filerCIK 0001252153

Filing Metadata

Form type
4
Filed
May 25, 8:00 PM ET
Accepted
May 26, 9:08 PM ET
Size
12.5 KB