4//SEC Filing
Kudryashov Anton 4
Accession 0001179110-11-012916
CIK 0001354513other
Filed
Sep 5, 8:00 PM ET
Accepted
Sep 6, 7:17 AM ET
Size
8.7 KB
Accession
0001179110-11-012916
Insider Transaction Report
Form 4
CTC Media, Inc.CTCM
Kudryashov Anton
Chief Executive Officer
Transactions
- Exercise/Conversion
Common stock
2011-09-02$5.49/sh+20,000$109,800→ 20,000 total - Sale
Common stock
2011-09-02$15.02/sh−20,000$300,496→ 0 total - Exercise/Conversion
Stock option (right to buy)
2011-09-02+20,000→ 671,621 totalExercise: $5.49Exp: 2018-08-14→ common stock (20,000 underlying)
Footnotes (1)
- [F1]This option is divided into three equal sub-tranches where vesting is subject to the issuer achieving revenue growth in 2009, 2010 and 2011 that exceeds by five percentage points the growth in the size of the Russian television advertising market in those years. Upon achieving the revenue objective for any relevant year, the option shares for that sub-tranche will vest immediately as to one-third of the shares and in two equal installments over the next two years. If the revenue objective for any one year is not achieved then the applicable option shares for that year shall not vest; provided, however, that if on a cumulative basis over the relevant years the compound annual growth rate of the issuer's revenues exceeds by five percentage points the compound annual growth rate of the Russian television advertising market, the option shares applicable to the earlier revenue objective will commence vesting from the year in which such cumulative revenue objective is achieved.
Documents
Issuer
CTC Media, Inc.
CIK 0001354513
Entity typeother
Related Parties
1- filerCIK 0001484113
Filing Metadata
- Form type
- 4
- Filed
- Sep 5, 8:00 PM ET
- Accepted
- Sep 6, 7:17 AM ET
- Size
- 8.7 KB